- n one of two or more tenants holding title to the same property
News & Articles
- Estate Planning: New exclusion from reassessment for co-owners
California has enacted a new statutory exclusion from change in ownership for local tax assessments that protects certain cotenants (co-owners) from reassessment at the death of a cotenant. Real property that has been held for a long time is often taxed at a lower value than it would be if its value was reassessed to its current value. Let us examine the new exclusion, how it fits in with ...
June 8, 2013 - Lake County News