{"code":"RTC","codeName":"Revenue and Taxation Code","section":"60","citation":"Rev. & Tax. Code, § 60","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 1. PROPERTY TAXATION [50. - 5911.]","url":"https://blackletter.si/revenue-and-taxation-code/division-1"},{"name":"PART 0.5. IMPLEMENTATION OF ARTICLE XIII A OF THE CALIFORNIA CONSTITUTION [50. - 100.96.]","url":"https://blackletter.si/revenue-and-taxation-code/division-1/part-0.5"},{"name":"CHAPTER 2. Change in Ownership and Purchase [60. - 69.6.]","url":"https://blackletter.si/revenue-and-taxation-code/division-1/part-0.5/chapter-2"}],"history":"Added by Stats. 1979, Ch. 242.","effective":null,"html":"<p>A “change in ownership” means a transfer of a present interest in real property, including the beneficial use thereof, the value of which is substantially equal to the value of the fee interest.</p>","text":"A “change in ownership” means a transfer of a present interest in real property, including the beneficial use thereof, the value of which is substantially equal to the value of the fee interest.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/change-in-ownership-and-purchase-60","source":"California Legislative Information bulk export (pubinfo)"}