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Some businesses have exploited a property transfer loophole in Proposition 13 implementing statutes created by the California Legislature [9] that define what constitutes a change in property ownership. [10]
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 ...
A change of ownership may come about because of a sale of the land, or the death of the registered owner, or as a result of a court order, to name only the most common ways that ownership may change. Similarly, any interest which affects or limits the ownership rights of the registered owner, such as a mortgage, can also be noted on the ...
Allstate stopped accepting new policies in the state in 2022, Farmers put a cap on the California policies it would write in July 2023, and State Farm stopped writing new policies in the state in ...
The parents of a 13-year-old girl who was run over by a suicidal driver in Malibu in 2010 are appealing to California Gov. Gavin Newsom to stop the felon from being released on parole.
Title is distinct from possession, a right that often accompanies ownership but is not necessarily sufficient to prove it (for example squatting). In many cases, possession and title may each be transferred independently of the other. For real property, land registration and recording provide public notice of ownership information.
In his new suit, the Eagles frontman is seeking a declaratory judgment affirming his ownership over roughly 100 pages … Don Henley Files Lawsuit to Regain Ownership of ‘Hotel California ...
Article IV, Section 3 of the U.S. Constitution outlines the procedure for the admission of new U.S. states.It reads: New States may be admitted by the Congress into this Union; but no new States shall be formed or erected within the Jurisdiction of any other State; nor any State be formed by the Junction of two or more States, or parts of States, without the Consent of the Legislatures of the ...
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