§ 75.5
64 words·~1 min read·
/ca/revenue-and-taxation-code/75-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
“Property” means and includes manufactured homes subject to taxation under Part 13 (commencing with Section 5800) and real property, other than the following:
(a)Fixtures that are normally valued as a separate appraisal unit from a structure.
(b)Newly created taxable possessory interests, established by month-to-month agreements in publicly owned real property, having a full cash value of fifty thousand dollars ($50,000) or less.