California Legislature—2013–14 Regular Session

Assembly Bill No. 1645

Introduced by Assembly Member Alejo

February 11, 2014

An act to amend Section 2188.3 of the Revenue and Taxation Code, relating to taxation.

LEGISLATIVE COUNSEL’S DIGEST

AB 1645, as introduced, Alejo. Property taxation: condominiums: assessment.

Existing property tax law requires real property to be assessed in a specified manner when it has been divided into condominiums, as defined.

This bill would make technical, nonsubstantive changes to that provision.

Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no.

The people of the State of California do enact as follows:

SECTION 1.  

Section 2188.3 of the Revenue and Taxation
Code is amended to read:

2188.3.  

Whenever real property has been divided into
condominiums, as defined in Section 783 of the Civil Code, begin delete (a) end delete begin delete   end delete
begin delete each end delete begin insert both of the following shall apply: end insert

begin insert (a) end insert begin insert   end insert begin insert Each end insert condominium owned in fee shall be separately assessed
to the owner thereof, and the tax on each begin delete such end delete condominium shall
constitute a lien solely thereon begin delete ; (b) end delete begin delete   end delete begin delete each end delete begin insert . end insert

begin insert (b) end insert begin insert   end insert begin insert Each end insert condominium not owned in fee shall be separately
assessed, as if it were owned in fee, to the owner of the
condominium or the owner of the fee or both (and the tax on each
begin delete such end delete condominium shall be a lien solely on the interest of the
owner of the fee in the real property included in begin delete such end delete begin insert the end insert
condominium and on begin delete such end delete begin insert the end insert condominium), if so agreed by the
assessor in a writing of record; begin delete such an end delete begin insert the end insert agreement shall be
binding upon begin delete such end delete begin insert the end insert assessor and his begin insert or her end insert successors in office
with respect to begin delete such end delete begin insert the end insert project so long as it continues to be divided
into condominiums in the same manner as that in effect when the
agreement was made.