Property Tax
California Proposition 13 vs Proposition 8 and property valuation
Here is the full size PDF file of the graphic below for your records. Prop 8 vs Prop 13 trended
Property Tax
Sales Comparison Approach language undergoes subtle change in California. Lien Date vs. Valuation Date
There has been a subtle change to the language used in Section 402.5 of the California R&T Code. The code has changed the word lien date to valuation date. Previously section 402.5 required sales used Read more…
Property Tax
California State Board of Equalization updates New Construction – Portion of A Structure clarification
The California State Board of Equalization has issued a Letter to the Assessor No. 2014/039 which gives clarification for the Assessor’s Handbook (AH410) Assessment of Newly Constructed Property and also rule 463. You can find Read more…