Class 4 property definition
Class 4 property means property owned or controlled by a state agency concerning which there is a provision in the deed that limits the exploration or drilling for oil or gas on the property.
Class 4 property means Assessed Property that is primary used or intended for use as a hotel, including any ancillary uses thereto.
Class 4 property means land, or land and improvements, classified as class 4 property under the Assessment Act;
Examples of Class 4 property in a sentence
The Company agrees to prepare and mail all income/expense reports to Class 4 property owners.
More Definitions of Class 4 property
Class 4 property means a road, a building, equipment or service property acquired after 30 March 2010 that is neither class 3 property nor class 4A property and that is regularly used in the mining operation;