West Virginia Code > Chapter 8 > Article 28 > Part VI – Municipalities in Adjoining States
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| 8-28-9 | Construction, maintenance and operation of airports by municipalities of an adjoining state; acquisition of property therefor; property tax exempt |
Terms Used In West Virginia Code > Chapter 8 > Article 28 > Part VI - Municipalities in Adjoining States
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- real property: include lands, tenements and hereditaments, all rights thereto and interests therein, except chattel interests. See West Virginia Code 2-2-10
- State: when applied to a part of the United States and not restricted by the context, includes the District of Columbia and the several territories, and the words "United States" also include the said district and territories. See West Virginia Code 2-2-10