Title 48, Chapter 5, Section 3
( 48-5-3)
All real property including, but not limited to, leaseholds,
interests less than fee, and all personal property shall be liable
to taxation and shall be taxed, except as otherwise provided by law.
Liability of property for taxation shall not be affected by the
individual or corporate character of the property owner or by the
resident or nonresident status of the property owner. | 
