Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2013
Revenue and Taxation Code
Property Taxation
Part 1. General Provisions
Chapter 1. Construction
Section 106
106. "Personal property." "Personal property" includes all property except real estate.
Well equipment.—The physical merchandise constituting an oil well (casing) must be separately listed as personal property. Birch v. Orange County, 59 Cal.App. 133. However, see California Domestic Water Co. v. Los Angeles County, 10 Cal.App. 185, holding that wells, pumping machinery and pipe lines on water-bearing lands, together with such lands, constitute real estate.