Define: Public Property

How is Public Property defined in a legal contract?

• Public Property means property located in a specific area that is used for any purpose and is held by the government, or any other public agency. Any property that a public agency leases to a private entity and is subject to taxation will be taxed and categorized in accordance with its use. Seen in 83 SEC filings
• Public Property means, for each Fiscal Year, any property within a specific area that is held by, irrevocably offered as a dedication to, or dedicated to the government, or any public agency by end of June of the previous Fiscal Year. Property classification as public property is ensured by the property owner notifying the concerned authorities in writing of any such acquisition, offer, or dedication before the end of the fiscal year of the acquisition, offer or dedication. Seen in 55 SEC filings
• Public Property means any property within the boundaries of a specific community facility district that is owned by the city, federal government, state or any other public agency. Seen in 44 SEC filings
• Public Property means all property owned by the City or held in the name of the City by any department, commission or agencies within the City government. Seen in 41 SEC filings
• Public Property means all property that falls within the same contiguous geographical area of an institution, such as a sidewalk, a street, other thoroughfare, or parking facility, and is adjacent to a facility owned or controlled by the institution if the facility is used directly or indirectly for the institution's educational purposes. Seen in 39 SEC filings
• Public Property means any property within certain district boundaries that, at the time of district formation, is expected to be used for any public use and is owned by or dedicated to the federal government, the State, the County, the District or any other public agency. Seen in 35 SEC filings
• Public Property means all property owned by the city or held in the name of the city by any of its departments, commissions or agencies within the city government. Seen in 24 SEC filings
• Public Property means all property, other than public money and statutory authority money, held for or on behalf of the State or a statutory authority. Seen in 23 SEC filings

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of public property' yourself to verify these results. We are always keen to point people to source documents.

‍

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

‍

Genie Definition 1

Public Property means any property owned by a government-based entity, held for public use and subject to relevant laws and taxes.

Relevant Contract Types

• Real Estate Lease Contract
• Property Management Agreement
• Commercial Lease Agreement

Relevant Circumstances

• Public-private partnerships for infrastructure development
• Privatization of government property
• Use of public lands for private commercial ventures

Relevant Sectors

• Government Agencies
• Real Estate Development
• Education

‍

Genie Definition 2

Public Property means all property within a specific area boundary, held by a government-based entity for public or educational purposes.

Relevant Contract Types

• Education Service Agreement
• Public Space Use Agreement
• Government Contract

Relevant Circumstances

• Development of educational institutions in public spaces
• Public space rehabilitation projects
• Leasing of public lands for educational or associated activities

Relevant Sectors

• Education
• Urban Planning
• Government Agencies

‍