California Revenue and Taxation Code

§ 75.5

RTC § 75.5 Effective Sep 12, 2000Div. 1 · Part 0.5 · Ch. 3.5 · Art. 1

Statute text

“Property” means and includes manufactured homes subject to taxation under Part 13 (commencing with Section 5800) and real property, other than the following:

(a)Fixtures that are normally valued as a separate appraisal unit from a structure.

(b)Newly created taxable possessory interests, established by month-to-month agreements in publicly owned real property, having a full cash value of fifty thousand dollars ($50,000) or less.

Legislative history

Amended by Stats. 2000, Ch. 406, Sec. 1. Effective September 12, 2000.