Section R15-5-1601. Definitions

The following definitions apply for purposes of the rules in this Article, unless the context requires otherwise or unless otherwise defined.

1.        “Agricultural property” means land or structures which are used for the purposes of growing crops or raising ani- mals including agronomy, horticulture, viticulture, or ani- mal husbandry.

2.        “Economic unit of agricultural property” means agricul- tural property which is rented to the same lessee under one lease or rental agreement but may include more than one parcel or location which is functionally integrated.

3.        “Real property used for commercial purposes” means land or structures, including parking lots but not includ- ing agricultural property or land or structures used for residential purposes.

4.        “Rental” means renting or leasing

5.        “Unit” means a single real property location rented or leased to a single tenant under one lease or rental agree- ment.

Historical Note

Repealed effective August 13, 1987 (Supp. 87-3). New Section R15-5-1601 renumbered from R15-5-1603 and amended effective April 21, 1995 (Supp. 95-2).