§ 462.140. Change in Ownership--Transfers resulting from tax delinquency.
18 CA ADC § 462.140Barclays Official California Code of Regulations
Barclays California Code of Regulations
Title 18. Public Revenues
Division 1. State Board of Equalization--Property Tax (California Department of Tax and Fee Administration -- Timber Yield Tax, See Chapter 11)
Chapter 4. Equalization by State Board
Article 4. Change in Ownership and New Construction
18 CCR § 462.140
§ 462.140. Change in Ownership--Transfers resulting from tax delinquency.
Redemption of tax-defaulted property by the assessee shall not be considered as a change in ownership. However, a sale of tax-defaulted property by the tax collector, whether to the former assessee or to any other person, is a change in ownership requiring reappraisal as of the date of the sale.
Credits
Note: Authority cited: Section 15606, Government Code. Reference: Section 60, Revenue and Taxation Code.
History
1. Change without regulatory effect renumbering former subsection 462(h) to section 462.140 filed 5-11-94 pursuant to title 1, section 100, California Code of Regulations (Register 94, No. 19).
2. Amendment filed 5-12-97; operative 6-11-97 (Register 97, No. 20).
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 18, § 462.140, 18 CA ADC § 462.140
| End of Document |