§ 3609.
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/vt/title-32/chapter-123/3609A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 3609. Perpetual or redeemable leases
Perpetual or redeemable leases upon which rent is reserved, except of lands exempt from taxation, shall have an appraisal value as personal estate at a sum of which the rent is six percent. (Amended 1965, No. 45.)