R884-24P-37. Separate Values of Land and Improvements Pursuant to Utah Code Ann. Sections 59-2-301 and 59-2-305

(1) The county assessor shall maintain an appraisal record of all real property subject to assessment by the county. The record shall include the following information: (a) owner of the property; (b) property identification number; (c) description and location of the property; and (d) full market value of the property. (2)(a) Except as provided in Subsection (2)(b), real property appraisal records shall separately show the value of the land and the value of any improvements. (b) The real property appraisal records for a condominium are not required to separately show the value of the land and the value of any improvements.