§ 2516
53 words·~1 min read·
/ca/revenue-and-taxation-code/2516A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Upon the failure of a transferee to file a change in ownership statement required by Section 480, the assessor or the auditor shall immediately enter on the assessment records applicable to the real property, the fact that a penalty has been added to the assessment roll and specify the date and amount thereof.