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Proposition 13 (officially named the People's Initiative to Limit Property Taxation) is an amendment of the Constitution of California enacted during 1978, by means of the initiative process, to cap property taxes and limit property reassessments to when the property changes ownership, and to require a 2/3 majority for tax increases in the ...
Quasi-community property is a concept recognized by some community property states. For example, in California, quasi-community property is defined by statute as all real or personal property, wherever situated, acquired before or after the operative date of this code in any of the following ways:
These California land grants were made by Spanish (1784–1821) and Mexican (1822–1846) authorities of Las Californias and Alta California to private individuals before California became part of the United States of America. [1] Under Spain, no private land ownership was allowed, so the grants were more akin to free leases.
With a clear title, there’s no doubt who the owner of the property is, or who can claim legal ownership of the property. To get a mortgage, lenders require a thorough title search of local ...
Examples are those getting the property as a gift and heirs. Also, those who purchase ownership interests in the owners of the property, such as shares of stock in a corporation owning the land, have not purchased an interest in the property itself and so are unprotected. Also, recording laws generally do not protect purchasers against real ...
Name Acreage (Hectarage) Address Neighborhood Private owner (birthplace) Year completed Bedrooms Bathrooms Est. last sale price Est. price/sq.ft. References 1: 105,000 square feet (9,800 m 2) The One: 3.83 acres (1.55 ha) 944 Airole Way: Bel Air: Richard Saghian: 2020: 20: 30: $126,000,000 (2022)-[1] [2] 2: 55,005 square feet (5,110.1 m 2) The ...