Supreme Court of California

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Holland v. Assessment Appeals Board, S205876

Revenue and Taxation Code section 62.1,which states that a transfer of a membership in an entity that owns a mobile home park is a change of ownership of a pro rata portion of the real property of the park, does not require an assessor to appraise such an interest by first estimating the value of the entire park and then multiplying that value by the fractional interest in the park that was transferred, as proposed by defendant, because it simply describes a unit of real property that is subject to reassessment, and does not mandate any particular formula for appraising this unit.

Appellate Information

  • Decided 01/23/2014
  • Published 01/23/2014


  • LIU


  • Supreme Court of California