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PTLG Table of Contents > Property Tax Annotations > L > 535.0000 LAND USE RESTRICTIONS > 535.0075

Property Taxes Law Guide – Revision 2017

Property Tax Annotations

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L

535.0000 LAND USE RESTRICTIONS

Annotation 535.0075

535.0075 Valuation Upon Removal of Restriction. Property removed from an agricultural preserve shall be valued at its fair market value as of March 1, 1975 or as of the lien date following a subsequent change in ownership. The base year value determined shall be factored in accordance with the requirement of the Revenue and Taxation Code. C 9/7/1984.