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AGO Opinions with Topic: MUNICIPAL CORPORATION EXEMPTION
AGO 1952 No. 299 >  May 6, 1952
TAXATION - REAL PROPERTY TAX - EXECUTORY LAND CONTRACTS - MUNICIPAL CORPORATION EXEMPTION
TAXATION ‑- REAL PROPERTY TAX ‑- EXECUTORY LAND CONTRACTS ‑- MUNICIPAL CORPORATION EXEMPTION Real property being purchased from a private individual by a municipal corporation under a typical land contract with a forfeiture clause is subject to tax assessment until title passes to the municipality.
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