CHAPTER 3. Senior Citizens Tenant-Stockholder Property Tax Postponement Law [20625. - 20638.]
Chapter 3 added by Stats. 1978, Ch. 43.
§§ 20625–20638 · 13 sections
- § 20625 This chapter shall be known and may be cited as the “Senior Citizens Tenant-Stockholder Property Tax Postponement Law”.
- § 20626 Unless the context otherwise requires or unless otherwise provided in this chapter, the definitions given in Chapter 1 (commencing with Section 20501) and…
- § 20627 A tenant-stockholder claimant (hereinafter referred to as “claimant”) is an individual who, on the last day of the calendar year ending immediately prior to…
- § 20628 Residential unit means an apartment or similar dwelling in a cooperative housing corporation, located in this state.
- § 20629 Property taxes means the amount representing the claimant’s proportionate share of real estate taxes for the fiscal year for which postponement is claimed,…
- § 20630 (a) A claimant may file with the Controller, a claim for postponement from the State of California of a sum equal to, but not exceeding the amount of property…
- § 20630.5 Claims made under this chapter shall be filed with the Controller after October 1 of the fiscal year in which postponement is claimed and on or before February…
- § 20632 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…
- § 20634 All amounts postponed pursuant to this chapter shall be due if any of the following occurs: (a) The claimant ceases to occupy the cooperative residential unit,…
- § 20635 The Controller shall reduce the amount postponed pursuant to this chapter by the amounts of any payment received for that purpose and by notification by the…
- § 20636 If a surviving spouse becomes eligible to postpone property taxes pursuant to this chapter, any postponement payments to such person shall be added to the…
- § 20637 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…
- § 20638 Upon written request of a person who has postponed pursuant to this chapter, or an agent of such person, or an agent of the affected cooperative housing…