Parent-Child Exclusion From Property Tax Reassessment

California provides various exclusions from reassessment of property tax when a “change of ownership” occurs.  One of the most common exclusions is used to prevent reassessment for transfers from a parent to a child or from a grandparent to a grandchild (often referred to as the “parent-child exclusion”).  However, it is important to understand when a “change in ownership” occurs and how long you have to apply for an exclusion from property tax…

Continue reading →

When to Appoint a Receiver in California

receiver-in-caIn certain types of litigation, including litigation involving real property and corporate assets, a party (typically the Plaintiff) will request that the Court appoint a receiver, or the Court may decide to appoint a receiver without being asked.

A receiver is neutral person who is not a party to the litigation who takes possession of and manages property or assets belonging to one or more of the…

Continue reading →