California Property Taxes: Proposition 13 Overview | Practical Law

California Property Taxes: Proposition 13 Overview | Practical Law

A Practice Note providing an overview of Proposition 13, an amendment to the California Constitution regulating state and local tax assessments. This Note discusses the real property tax aspect of Proposition 13 and its related regulations, and their impact on commercial real estate transactions. This Note discusses real property tax reassessments, exclusions, exemptions, and reporting requirements triggered by common commercial real estate transactions.

California Property Taxes: Proposition 13 Overview

Practical Law Practice Note Overview w-000-7112 (Approx. 19 pages)

California Property Taxes: Proposition 13 Overview

by Practical Law Real Estate
MaintainedCalifornia
A Practice Note providing an overview of Proposition 13, an amendment to the California Constitution regulating state and local tax assessments. This Note discusses the real property tax aspect of Proposition 13 and its related regulations, and their impact on commercial real estate transactions. This Note discusses real property tax reassessments, exclusions, exemptions, and reporting requirements triggered by common commercial real estate transactions.