Statute · California Revenue and Taxation Code

Cal. Rev. & Tax. Code § 402.2 — General Requirements

Cal. Rev. & Tax. Code § 402.2

Type
Statute
Source
California Revenue and Taxation Code
Jurisdiction
California
Date
2017-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

Contracts with government agencies restricting the use of property for owner-occupied housing available at affordable cost shall be recorded. Nothing in this section shall be construed to prevent the assessor from considering a contract that restricts the use of the property to owner-occupied…

Citator

Cal. Rev. & Tax. Code § 402.2 — General Requirements is in force in the current edition of the Code, and nothing recorded condemns it.

Contracts with government agencies restricting the use of property for owner-occupied housing available at affordable cost shall be recorded. Nothing in this section shall be construed to prevent the assessor from considering a contract that restricts the use of the property to owner-occupied housing available at affordable housing cost, including under any locally adopted inclusionary housing program, for purposes of applying Section 402.1 or subdivision (a) of Section 110.