§ 20625 This chapter shall be known and may be cited as the “Senior Citizens …
§ 20626 Unless the context otherwise requires or unless otherwise provided in …
§ 20627 A tenant-stockholder claimant (hereinafter referred to as “claimant”) …
§ 20628 Residential unit means an apartment or similar dwelling in a …
§ 20629 Property taxes means the amount representing the claimant’s …
§ 20630 (a) A claimant may file with the Controller, a claim for …
§ 20630.5 Claims made under this chapter shall be filed with the Controller …
§ 20632 The Controller shall maintain a record of all persons who have …
§ 20634 All amounts postponed pursuant to this chapter shall be due if any of …
§ 20635 The Controller shall reduce the amount postponed pursuant to this …
§ 20636 If a surviving spouse becomes eligible to postpone property taxes …
§ 20637 If the Controller determines that amounts postponed under this …
§ 20638 Upon written request of a person who has postponed pursuant to this …

Terms Used In California Codes > Revenue and Taxation Code > Division 2 > Part 10.5 > Chapter 3 - Senior Citizens Tenant-Stockholder Property Tax Postponement Law

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • 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 Water Code 14
  • County: includes city and county. See California Revenue and Taxation Code 15
  • Decedent: A deceased person.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • 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
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes any person, firm, partnership, general partner of a partnership, limited liability company, registered limited liability partnership, foreign limited liability partnership, association, corporation, company, syndicate, estate, trust, business trust, or organization of any kind. See California Revenue and Taxation Code 19
  • Spouse: includes "registered domestic partner" as required by §. See California Revenue and Taxation Code 12.2
  • State: means the State of California, unless applied to the different parts of the United States. See California Water Code 18