the interests to land that has been removed from the county's assessor rolls by the government.Apossessory interest is an outgrant interest usually granted to individuals or companies.
a private interest in tax-exempt land (e
The possession of, or exclusive right to possession of real property. A private party's possessory interest in real property owned by a tax-exempt public agency may be taxable if sufficiently independent, durable and exclusive of the rights held by others.
Keywords:  right
Right to possess.