The assessment and valuation of fractional interests represents a series of interesting challenges to assessing authorities, owners, and the industry in general. Some options and court cases are examined to consider whether non-realty values are at play.
This paper was first presented on May 7, 2008 at the Third Mass Appraisal Valuation Symposium hosted by the International Property Tax Institute (IPTI) in Ottawa, Ontario.
Savage, J. (2008). The assessment of fractional interests: time shares. Journal of Property Tax Assessment & Administration, 5(4), 41-45. Retrieved from https://researchexchange.iaao.org/jptaa/vol5/iss4/4