§ 402.2
69 words·~1 min read·
/ca/revenue-and-taxation-code/402-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Contracts with government agencies restricting the use of property for owner-occupied housing available at affordable cost shall be recorded. Nothing in this section shall be construed to prevent the assessor from considering a contract that restricts the use of the property to owner-occupied housing available at affordable housing cost, including under any locally adopted inclusionary housing program, for purposes of applying Section 402.1 or subdivision
(a)of Section 110.