BlackletterCalifornia law

Revenue and Taxation Code § 60

CHAPTER 2. Change in Ownership and Purchase

Current as of September 28, 2026Rev. & Tax. Code, § 60Official source ↗

Added by Stats. 1979, Ch. 242.

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.