RCW 84.40.410
Valuation and assessment of certain leasehold interests.
A leasehold interest consisting of three thousand or more residential and recreational lots that are or may be subleased for residential and recreational purposes, together with any improvements thereon, shall be assessed and taxed in the same manner as privately owned real property. The sublessee of each lot, or the lessee if not subleased, is liable for the property tax on the lot and improvements thereon. If property tax for a lot or improvements thereon remains unpaid for more than three years from the date of delinquency, including any property taxes that are delinquent as of July 22, 2001, the county treasurer may proceed to collect the tax in the same manner as for other property, except that the lessor's interest in the property shall not be extinguished as a result of any action for the collection of tax. Collection of property taxes assessed on any such lot shall be enforceable by foreclosure proceedings in accordance with real property foreclosure proceedings authorized in chapter 84.64 RCW.
[ 2003 c 169 § 1; 2001 c 26 § 3.]
NOTES:
Application—2001 c 26 §§ 2 and 3: "Sections 2 and 3 of this act apply to taxes levied for collection in 2002 and thereafter." [ 2001 c 26 § 5.]
Structure Revised Code of Washington
Chapter 84.40 - Listing of Property.
84.40.025 - Access to property required.
84.40.0301 - Determination of value by public official—Review—Revaluation—Presumptions.
84.40.031 - Valuation of timber and timberlands—Criteria established.
84.40.033 - Valuation of timber and timberlands—Legislative findings.
84.40.036 - Valuation of vessels—Apportionment.
84.40.037 - Valuation of computer software—Embedded software.
84.40.040 - Time and manner of listing.
84.40.042 - Valuation and assessment of divided or combined property.
84.40.060 - Personal property assessment.
84.40.065 - Listing of taxable ships and vessels with department—Assessment—Rights of review.
84.40.070 - Companies, associations—Listing.
84.40.080 - Listing omitted property or improvements.
84.40.090 - Taxing districts to be designated—Separate assessments.
84.40.110 - Examination under oath—Default listing.
84.40.120 - Oaths, who may administer—Criminal penalty for willful false listing.
84.40.130 - Penalty for failure or refusal to list—False or fraudulent listing, additional penalty.
84.40.150 - Sick or absent persons—May report to board of equalization.
84.40.160 - Manner of listing real estate—Maps.
84.40.170 - Plat of irregular subdivided tracts—Notice to owner—Surveys—Costs.
84.40.175 - Listing of exempt property—Proof of exemption—Valuation of publicly owned property.
84.40.178 - Exempt residential property—Maintenance of assessed valuation—Notice of change.
84.40.190 - Statement of personal property.
84.40.210 - Personalty of manufacturer, listing procedure, statement—"Manufacturer" defined.
84.40.230 - Contract to purchase public land.
84.40.240 - Annual list of lands sold or contracted to be sold to be furnished assessor.
84.40.315 - Federal agencies and property taxable when federal law permits.
84.40.320 - Detail and assessment lists to board of equalization.
84.40.340 - Verification by assessor of any list, statement, or schedule—Confidentiality, penalty.
84.40.343 - Mobile homes—Identification of.
84.40.344 - Mobile homes—Avoidance of payment of tax—Penalty.
84.40.350 - Assessment and taxation of property losing exempt status.
84.40.370 - Loss of exempt status—Valuation date—Extension on rolls.
84.40.380 - Loss of exempt status—When taxes due and payable—Dates of delinquency—Interest.
84.40.390 - Loss of exempt status—Taxes constitute lien on property.
84.40.405 - Rules for agricultural products and business inventories.
84.40.410 - Valuation and assessment of certain leasehold interests.