§ 7622. Property Taxes.
14 CA ADC § 7622Barclays Official California Code of Regulations
14 CCR § 7622
§ 7622. Property Taxes.
Any agreement between a buyer and seller of a yacht negotiated by a broker to prorate personal property taxes for a twelve-month period shall specify the applicable tax year and the date of the commencement of such twelve-month period, and shall clearly state the actual amounts payable by the seller and buyer.
Credits
Note: Authority cited: Section 703, Harbors and Navigation Code. Reference: Sections 703 and 716, Harbors and Navigation Code.
History
1. Editorial correction of Note filed 10-11-85 (Register 85, No. 41).
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 14, § 7622, 14 CA ADC § 7622
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