California Codes > Water Code > Division 21 > Part 5 > Chapter 5 > Article 3 – Cooperation With the United States
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Terms Used In California Codes > Water Code > Division 21 > Part 5 > Chapter 5 > Article 3 - Cooperation With the United States
- Appraisal: A determination of property value.
- board: means the California Department of Tax and Fee Administration. See California Revenue and Taxation Code 20
- City: includes incorporated city, city and county, municipal corporation, municipality, town, and incorporated town. See California Revenue and Taxation Code 14
- Contract: A legal written agreement that becomes binding when signed.
- Controller: means the State Controller. See California Revenue and Taxation Code 21
- 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 Revenue and Taxation Code 15
- Deed: The legal instrument used to transfer title in real property from one person to another.
- 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.
- Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- United States: includes the United States, and any board, bureau, agency, office or officers, department, or corporation of the United States. See California Water Code 74613