Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2013
Property Tax Annotations
610.0000 NEWLY CONSTRUCTED PROPERTY
610.0055 Maintenance. A light industrial property recently sold. At the time of sale, its roof had a remaining service life of 3-4 years and did not comply with the current building code. After the sale, the new owner replaced the roof with a new roof with a designed life of 15 years. Routine maintenance that does not constitute a major rehabilitation or convert the property to a different use is not considered new construction under Revenue and Taxation Code section 70(a) and Property Tax Rule 463(b)(4). Since the new owner uses the property for substantially the same purposes as the old owner, the replacement of the roof is not considered new construction. C 2/23/2010.