Laws, Regulations & Annotations
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
L
565.0000 LEGAL ENTITIES
Annotation 565.0015
565.0015 Change in Control. Under section 64(c)(1) and Property Tax Rule 462.180, subdivision (d)(1)(B), a change in ownership occurs when a new entity obtains control, whether directly or indirectly, of an entity that owns real property. When a new person or legal entity obtains direct control of an entity, a change in control occurs, even if a formerly direct owner maintains indirect control through its ownership of the new entity that obtained direct control. C 1/22/2015.