Real or personal property owned by or leased to any board of education for a lease term of at least fifty years shall be exempt from taxation.
Ohio Rev. Code Ann. § 3313.44
School property exempt from taxation
Applied in 1 court decision — leading case Talawanda City School Dist. Bd. of Edn. v. Testa (Slip Opinion) (2015)
Most recently applied in Talawanda City School Dist. Bd. of Edn. v. Testa (Slip Opinion) (December 2015)
Effective: September 13, 2010; Latest Legislation: Senate Bill 181 - 128th General Assembly
Official source: Ohio Laws & Administrative Rules (Legislative Service Commission). Reproduced from public-domain Ohio statutes; confirm against the official source for the current text. Not legal advice.