Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2013
 

Property Tax Annotations


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

F

420.0000 FEDERAL INSTRUMENTALITIES

Annotation 420.0005

420.0005 U.S. Department of Housing and Urban Development. Although HUD is a federal instrumentality, property owned and held by HUD in its "Property Disposition Inventory" is subject to property taxation because of a specific waiver found in Title 12 United States Code section 1714. Thus, under article XIII of the California Constitution, county assessors are required to assess such properties. C 5/2/1986.