Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2014
Property Tax Annotations
200.0000 BASE YEAR VALUE TRANSFER
(a) BASE YEAR VALUE TRANSFER – PRINCIPAL RESIDENCE
200.0041 Licensed Mobilehome. A mobilehome subject to the Vehicle License Fee does not, by itself qualify as a replacement dwelling under Revenue and Taxation Code section 69.5. But when the replacement property consists of a licensed mobilehome that serves as a place of abode and the land on which it is situated, transfer of the original property's base year value should be made up to, but not exceeding, the market value of the land and any miscellaneous improvements of the replacement property. C 1/28/2000.