Laws, Regulations & Annotations

PTLG Table of Contents > Property Tax Annotations > F > 460.0000 FULL CASH VALUE > 460.0031

Property Taxes Law Guide – Revision 2017

Property Tax Annotations

A    B    C    D    E    F    G    H    I    L    M    N    O    P    R    S    T    U    V    W   

F

460.0000 FULL CASH VALUE

Annotation 460.0031

460.0031 Tax Sales. The presumptions of full cash value under Revenue and Taxation Code section 110 do not apply to execution and/or foreclosure sales since these are forced sales and thus considered "non-market" transactions. Property Tax Rule 4(b) requires that existing debt encumbering a property, including delinquent payments on Mello-Roos bonds, be added to the stated purchase price in order to arrive at the actual consideration paid. C 3/26/1999.