Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2016
Revenue and Taxation Code
Part 5. Collection of Taxes
Chapter 3. Collection on Part of an Assessment
Article 1. General Provisions and Definitions
(a) The satisfaction and removal of any lien secured to any parcel of real property appearing on the current roll.
(b) The payment of taxes on any parcel of real property separately from the whole assessment, if the parcel (1) is described in any duly executed and recorded deed, purchase contract, deed of trust, mortgage, or final decree of court; or (2) has a separate valuation on the current roll.
Note.—Stats. 1968, p. 2434, in effect November 13, 1968, provides that the enactment of said act is intended to expressly disapprove any interpretation of Smith v. Anderson, 67 Cal.2d 635, which would require an assessor to make a separate valuation of an undivided interest in property for current or future years.