Property Taxes / Changes in Ownership
Monday, December 17, 2018
Posted by: Heather Starkey
Durante v. County of Santa Clara
Cal.App. 6th Dist. (H041620) 11/30/18
Plaintiff and her sister each owned a 50% interest in residential property they inherited from their mother. Plaintiff's sister conveyed a life estate in her 50% interest to plaintiff. The court held that the transfer of the life estate was a change in ownership under Revenue and Taxation Code Section 60, and the County properly reassessed the property.