Cal. Code Regs. tit. 18 § 462.140

Current through Register 2024 Notice Reg. No. 45, November 8, 2024

Section 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.

Cal. Code Regs. Tit. 18, § 462.140

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).

Note: Authority cited: Section 15606, Government Code. Reference: Section 60, Revenue and Taxation Code.

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).