Other Property Exemptions

Leasehold Interest

KRS 132.195 (1990) — when exempt real or personal property is leased to a business conducted for profit and a leasehold interest exists, that interest is assessed to the lessee.

Non-profit Cemeteries

Section 170 of the Constitution exempts only places of burial not held for private or corporate profit; any income producing property must be placed on the tax roll even if the income maintains the cemetery.

Organizations request an application from the PVA office.