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us-co/statute/39/39-5-105 — Improvements - water rights - valuation · Axiom

Improvements - water rights - valuation

4 rules

(1) Improvements shall be appraised and valued separately from land, except improvements other than buildings on land which is used solely and exclusively for agricultural purposes, in which case the land, water rights, and improvements other than buildings shall be appraised and valued as a unit.

(1.1) (a) (I) Water rights, together with any dam, ditch, canal, flume, reservoir, bypass, pipeline, conduit, well, pump, or other associated structure or device as defined in article 92 of title 37, C.R.S., being used to produce water or held to produce or exchange water to support uses of any item of real property specified in section 39-1-102 (14), other than for agricultural purposes, shall not be appraised and valued separately but shall be appraised and valued with the item of real property served as a unit.

(II) For purposes of this section, valuing the water rights and the item of real property served by the water rights as a unit means that any increase in value of the property served with water made available directly, or by exchange, by the use of any dam, ditch, pipeline, canal, flume, reservoir, bypass, conduit, well, pump, or other associated structure or device, as defined in article 92 of title 37, C.R.S., shall be included in the valuation of the real property served by the water rights.

(b) The general assembly finds and declares that the value of water rights, and any dam, ditch, pipeline, canal, flume, reservoir, bypass, conduit, well, pump, or other associated structure or device, as defined in article 92 of title 37, C.R.S., used or held to produce or exchange water, for taxation purposes, should be recognized as a contribution to the value of all of the interests in the entire property served thereby and that the separate valuation of such water rights could result in double taxation. The provision of this subsection (1.1) shall not be construed to exempt any water rights from taxation but shall be construed as setting forth procedures for the valuation thereof.

(2) and (3) Repealed.

in view

Whole section

Encodings · 4

improvement_appraised_separately_from_landCO 39 § 39-5-105 · derived

C.R.S. 39-5-105(1)

name: improvement_appraised_separately_from_land
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: C.R.S. 39-5-105(1)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: exception
        source:
          corpus_citation_path: us-co/statute/39/39-5-105
          excerpt: >-
            Improvements shall be appraised and valued separately from land,
            except improvements other than buildings on land which is used
            solely and exclusively for agricultural purposes.
versions:
  - effective_from: '0001-01-01'
    formula: |-
      asset_is_improvement
      and (
        asset_is_building
        or not land_used_solely_and_exclusively_for_agricultural_purposes
      )

agricultural_property_component_appraised_as_unitCO 39 § 39-5-105 · derived

C.R.S. 39-5-105(1)

name: agricultural_property_component_appraised_as_unit
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: C.R.S. 39-5-105(1)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us-co/statute/39/39-5-105
          excerpt: >-
            the land, water rights, and improvements other than buildings shall
            be appraised and valued as a unit.
versions:
  - effective_from: '0001-01-01'
    formula: |-
      land_used_solely_and_exclusively_for_agricultural_purposes
      and (
        asset_is_land
        or asset_is_water_right
        or asset_is_nonbuilding_improvement
      )

water_right_or_associated_structure_appraised_with_served_propertyCO 39 § 39-5-105 · derived

C.R.S. 39-5-105(1.1)(a)(I)

name: water_right_or_associated_structure_appraised_with_served_property
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: C.R.S. 39-5-105(1.1)(a)(I)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us-co/statute/39/39-5-105
          excerpt: >-
            shall not be appraised and valued separately but shall be appraised
            and valued with the item of real property served as a unit.
versions:
  - effective_from: '0001-01-01'
    formula: |-
      asset_is_water_right_or_associated_water_structure
      and water_is_used_or_held_to_produce_or_exchange_water
      and water_supports_nonagricultural_qualifying_real_property

water_enabled_value_included_in_served_property_valuationCO 39 § 39-5-105 · derived

C.R.S. 39-5-105(1.1)(a)(II)

name: water_enabled_value_included_in_served_property_valuation
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: C.R.S. 39-5-105(1.1)(a)(II)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us-co/statute/39/39-5-105
          excerpt: >-
            any increase in value of the property served with water ... shall be
            included in the valuation of the real property served by the water
            rights.
versions:
  - effective_from: '0001-01-01'
    formula: |-
      water_right_or_associated_structure_appraised_with_served_property
      and served_property_value_increased_by_water

▸rulespec code

Shown source

statutes/39/39-5-105.yaml

Displaying the canonical repository encoding.

View on GitHub

Rules

improvement_appraised_separately_from_land

Derived

source: C.R.S. 39-5-105(1)

- name: improvement_appraised_separately_from_land
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: C.R.S. 39-5-105(1)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us-co/statute/39/39-5-105
            excerpt: >-
              Improvements shall be appraised and valued separately from land, except improvements
              other than buildings on land which is used solely and exclusively for agricultural
              purposes.
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        asset_is_improvement
        and (
          asset_is_building
          or not land_used_solely_and_exclusively_for_agricultural_purposes
        )

agricultural_property_component_appraised_as_unit

Derived

source: C.R.S. 39-5-105(1)

- name: agricultural_property_component_appraised_as_unit
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: C.R.S. 39-5-105(1)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-co/statute/39/39-5-105
            excerpt: >-
              the land, water rights, and improvements other than buildings shall be appraised and
              valued as a unit.
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        land_used_solely_and_exclusively_for_agricultural_purposes
        and (
          asset_is_land
          or asset_is_water_right
          or asset_is_nonbuilding_improvement
        )

water_right_or_associated_structure_appraised_with_served_property

Derived

source: C.R.S. 39-5-105(1.1)(a)(I)

- name: water_right_or_associated_structure_appraised_with_served_property
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: C.R.S. 39-5-105(1.1)(a)(I)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-co/statute/39/39-5-105
            excerpt: >-
              shall not be appraised and valued separately but shall be appraised and valued with
              the item of real property served as a unit.
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        asset_is_water_right_or_associated_water_structure
        and water_is_used_or_held_to_produce_or_exchange_water
        and water_supports_nonagricultural_qualifying_real_property

water_enabled_value_included_in_served_property_valuation

Derived

source: C.R.S. 39-5-105(1.1)(a)(II)

- name: water_enabled_value_included_in_served_property_valuation
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: C.R.S. 39-5-105(1.1)(a)(II)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-co/statute/39/39-5-105
            excerpt: >-
              any increase in value of the property served with water ... shall be included in the
              valuation of the real property served by the water rights.
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        water_right_or_associated_structure_appraised_with_served_property
        and served_property_value_increased_by_water

▸citations (1)

References

This rule cites 1 other rule.

CO 39 § 39-1-102 (14)inferredCO › Statutes › Title 39 › § 39-1-102 › (14)

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Improvements - water rights - valuation

4 rules

Official source

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(2) and (3) Repealed.

in view

Whole section

Encodings · 4

improvement_appraised_separately_from_landCO 39 § 39-5-105 · derived

C.R.S. 39-5-105(1)

name: improvement_appraised_separately_from_land
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: C.R.S. 39-5-105(1)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: exception
        source:
          corpus_citation_path: us-co/statute/39/39-5-105
          excerpt: >-
            Improvements shall be appraised and valued separately from land,
            except improvements other than buildings on land which is used
            solely and exclusively for agricultural purposes.
versions:
  - effective_from: '0001-01-01'
    formula: |-
      asset_is_improvement
      and (
        asset_is_building
        or not land_used_solely_and_exclusively_for_agricultural_purposes
      )

agricultural_property_component_appraised_as_unitCO 39 § 39-5-105 · derived

C.R.S. 39-5-105(1)

name: agricultural_property_component_appraised_as_unit
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: C.R.S. 39-5-105(1)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us-co/statute/39/39-5-105
          excerpt: >-
            the land, water rights, and improvements other than buildings shall
            be appraised and valued as a unit.
versions:
  - effective_from: '0001-01-01'
    formula: |-
      land_used_solely_and_exclusively_for_agricultural_purposes
      and (
        asset_is_land
        or asset_is_water_right
        or asset_is_nonbuilding_improvement
      )

water_right_or_associated_structure_appraised_with_served_propertyCO 39 § 39-5-105 · derived

C.R.S. 39-5-105(1.1)(a)(I)

name: water_right_or_associated_structure_appraised_with_served_property
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: C.R.S. 39-5-105(1.1)(a)(I)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us-co/statute/39/39-5-105
          excerpt: >-
            shall not be appraised and valued separately but shall be appraised
            and valued with the item of real property served as a unit.
versions:
  - effective_from: '0001-01-01'
    formula: |-
      asset_is_water_right_or_associated_water_structure
      and water_is_used_or_held_to_produce_or_exchange_water
      and water_supports_nonagricultural_qualifying_real_property

water_enabled_value_included_in_served_property_valuationCO 39 § 39-5-105 · derived

C.R.S. 39-5-105(1.1)(a)(II)

name: water_enabled_value_included_in_served_property_valuation
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: C.R.S. 39-5-105(1.1)(a)(II)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us-co/statute/39/39-5-105
          excerpt: >-
            any increase in value of the property served with water ... shall be
            included in the valuation of the real property served by the water
            rights.
versions:
  - effective_from: '0001-01-01'
    formula: |-
      water_right_or_associated_structure_appraised_with_served_property
      and served_property_value_increased_by_water

▸rulespec code

Shown source

statutes/39/39-5-105.yaml

Displaying the canonical repository encoding.

View on GitHub

Rules

improvement_appraised_separately_from_land

Derived

source: C.R.S. 39-5-105(1)

- name: improvement_appraised_separately_from_land
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: C.R.S. 39-5-105(1)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us-co/statute/39/39-5-105
            excerpt: >-
              Improvements shall be appraised and valued separately from land, except improvements
              other than buildings on land which is used solely and exclusively for agricultural
              purposes.
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        asset_is_improvement
        and (
          asset_is_building
          or not land_used_solely_and_exclusively_for_agricultural_purposes
        )

agricultural_property_component_appraised_as_unit

Derived

source: C.R.S. 39-5-105(1)

- name: agricultural_property_component_appraised_as_unit
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: C.R.S. 39-5-105(1)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-co/statute/39/39-5-105
            excerpt: >-
              the land, water rights, and improvements other than buildings shall be appraised and
              valued as a unit.
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        land_used_solely_and_exclusively_for_agricultural_purposes
        and (
          asset_is_land
          or asset_is_water_right
          or asset_is_nonbuilding_improvement
        )

water_right_or_associated_structure_appraised_with_served_property

Derived

source: C.R.S. 39-5-105(1.1)(a)(I)

- name: water_right_or_associated_structure_appraised_with_served_property
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: C.R.S. 39-5-105(1.1)(a)(I)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-co/statute/39/39-5-105
            excerpt: >-
              shall not be appraised and valued separately but shall be appraised and valued with
              the item of real property served as a unit.
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        asset_is_water_right_or_associated_water_structure
        and water_is_used_or_held_to_produce_or_exchange_water
        and water_supports_nonagricultural_qualifying_real_property

water_enabled_value_included_in_served_property_valuation

Derived

source: C.R.S. 39-5-105(1.1)(a)(II)

- name: water_enabled_value_included_in_served_property_valuation
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: C.R.S. 39-5-105(1.1)(a)(II)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-co/statute/39/39-5-105
            excerpt: >-
              any increase in value of the property served with water ... shall be included in the
              valuation of the real property served by the water rights.
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        water_right_or_associated_structure_appraised_with_served_property
        and served_property_value_increased_by_water

▸citations (1)

References

This rule cites 1 other rule.

CO 39 § 39-1-102 (14)inferredCO › Statutes › Title 39 › § 39-1-102 › (14)