Glovis America, Inc. v. County of Ventura

Filed 10/10/18 CERTIFIED FOR PUBLICATION IN THE COURT OF APPEAL OF THE STATE OF CALIFORNIA SECOND APPELLATE DISTRICT DIVISION SIX GLOVIS AMERICA, INC., 2d Civil No. B286538 (Super. Ct. No. 56-2015- Plaintiff and Appellant, 00475755-CU-OR-VTA) (Ventura County) v. COUNTY OF VENTURA, Defendant and Respondent. When a lease of federal lands includes an option to extend its term and the tax assessor reasonably concludes that the option will likely be exercised, the value of the leasehold interest is properly based on the extended term. In this case, Glovis America, Inc.,1 appeals from the judgment…