All real estate subject to ground rent or mortgage shall be estimated at its full value and assessed and taxed accordingly. In the case of real estate subject to ground rent, where there is no provision made in the ground rent deed that the lessee shall pay the taxes on the ground rent, the ground rent shall be estimated and assessed for taxes to the owners thereof.
Assessment of real estate subject to ground rent or mortgage
53 Pa.C.S. § 8820, under Consolidated County Assessment.
53 Pa.C.S. § 8820