2012 California Codes
RTC - Revenue and Taxation Code
DIVISION 2 - OTHER TAXES [6001 - 60709]
PART 10.5 - SENIOR CITIZENS PROPERTY TAX ASSISTANCE AND POSTPONEMENT LAW
CHAPTER 3.5 - Senior Citizens Possessory Interest Holder Property Tax Postponement Law
Section 20640.3
A claimant is an individual who:
(a) Holds a right to a possessory interest pursuant to a validly recorded instrument conveying such possessory interest for a term of years no less than 45 years beyond the last day of the calendar year ending immediately prior to the fiscal year for which taxes are initially postponed;
(b) Occupies as a principal place of residence the residential dwelling affixed to such possessory interest real property on the last day of the year designated in Section 20503(c) of this code;
(c) Is 62 years of age or older on or before December 31 of the fiscal year for which postponement is claimed.
(Added by Stats. 1978, Ch. 576.)
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