Mark Musick v. University Park at Evansdale

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Petitioner appeals the order of the Circuit Court of Monongalia County that granted respondent’s appeal, and found that petitioner’s 2015 assessment of respondent’s leasehold interest in the amount of $9,035,617 was erroneous. The circuit court held that based upon evidence presented by petitioner at the Board of Equalization and Review, the assessment for the tax year 2015 was $0, because respondent’s leasehold interest was neither freely marketable, nor a bargain lease pursuant to this Court’s opinion in Maplewood Community Inc., v. Craig, 216 W.Va. 273, 607 S.E.2d. 379 (2004) (per curiam).