CHAPTER 3.5. Senior Citizens Possessory Interest Holder Property Tax Postponement Law
Chapter 3.5 added by Stats. 1978, Ch. 576.
§§ 20640–20640.12 · 13 sections
- § 20640 This chapter shall be known and may be cited as the “Senior Citizens Possessory Interest Holder Property Tax Postponement Law.”
- § 20640.1 (a) Unless the context otherwise requires or unless otherwise provided in this chapter, the definitions given in Chapter 1 (commencing with Section 20501) and…
- § 20640.2 For the purposes of this chapter: (a) “Possessory interest” means (1) possession of, or right to the possession of land located in this state whether or not…
- § 20640.3 A claimant is an individual who: (a) Holds a right to a possessory interest pursuant to a validly recorded instrument conveying such possessory interest for a…
- § 20640.4 (a) Subject to the limitations provided in Chapter 1 (commencing with Section 20501), Chapter 2 (commencing with Section 20581), or this chapter, a claimant…
- § 20640.5 (a) The Controller may require as security for the postponement of property taxes pursuant to this chapter any of the following: 1. An assignment to the State…
- § 20640.6 (a) Upon receipt of the information described in Section 20640.4 and Section 20640.5, the Controller shall determine whether the state’s interest would be…
- § 20640.7 The Controller shall prescribe the manner in which a claimant eligible under this chapter, who for any reason is incapacitated, may appoint his or her spouse…
- § 20640.8 The claim for postponement shall be filed after October 1 of the fiscal year in which postponement is claimed and on or before February 10 of such fiscal year.…
- § 20640.9 Each claimant applying for postponement under this chapter shall file a claim under penalty of perjury with the Controller on a form supplied by the…
- § 20640.10 The Controller shall maintain a record of all persons who have received postponement amounts pursuant to this chapter. Such record shall include the name and…
- § 20640.11 All amounts postponed pursuant to this chapter shall be due if any of the following occurs: (a) The claimant ceases to occupy the residential dwelling as the…
- § 20640.12 If the Controller determines that amounts postponed under this chapter have become due and payable, the Controller may take any or all of the following…