California Codes > Public Utilities Code > Division 10 > Part 4 > Chapter 8 > Article 1 – Property Taxation
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Terms Used In California Codes > Public Utilities Code > Division 10 > Part 4 > Chapter 8 > Article 1 - Property Taxation
- Buyer: has the meaning set forth in subdivision (c) of §. See California Penal Code 574
- Conditional sale contract: has the meaning set forth in subdivision (a) of §. See California Penal Code 574
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- county: includes "city and county". See California Penal Code 7
- County: includes city and county. See California Public Utilities Code 18
- Direct loan agreement: means an agreement between a lender and a purchaser whereby the lender has advanced funds pursuant to a loan secured by the motor vehicle which the purchaser has purchased. See California Penal Code 574
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- lease contract: includes a lease for business or commercial purposes. See California Penal Code 574
- Lien: A claim against real or personal property in satisfaction of a debt.
- Motor vehicle: means any vehicle required to be registered under the Vehicle Code. See California Penal Code 574
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: means an individual, company, firm, association, partnership, trust, corporation, limited liability company, or other legal entity. See California Penal Code 574
- person: includes a corporation as well as a natural person. See California Penal Code 7
- property: includes both real and personal property. See California Penal Code 7
- Purchaser: has the meaning set forth in paragraph (30) of subdivision (b) of §. See California Penal Code 574
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
- Seller: has the meaning set forth in subdivision (b) of §. See California Penal Code 574
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- State: means the State of California, unless applied to the different parts of the United States. See California Public Utilities Code 17
- vessel: means a vessel as defined in subdivision (c) of §. See California Penal Code 7