A taxable Possessory Interest may exist whenever there is a private, beneficial use of publicly-owned, non-taxable real property.
Such interests are typically found where private individuals, companies or corporations lease, rent or use federal, state or local government owned facilities and/or land for their own beneficial use.
Possessory Interests include such things as:
A boat dock built on a public lake or river
A mini-storage facility built under a freeway
A private walkway built above a city street
An airplane tie-down at a county airport
Cattle grazing rights on Federal or State land
Private companies leasing government buildings
Tenants, concessionaires and exhibitors at Cal-Expo or the Community Center at any time during the year
The right to grow crops on land owned by a community college district
The right to have food vending machines located in a government building
The right to operate a rental car agency at an airport