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Law Alert: Prop 15 – Repeal of Prop 13 for Commercial Properties

Law Alert: Prop 15 – Repeal of Prop 13 for Commercial Properties

by Jo Ann Woodsum | Oct 9, 2020 | Commercial Leasing, Current Developments

Prop 13 For Californians, Proposition 13 has placed a limit on assessed increases in taxes on real estate since its passage in 1978.  To oversimplify, no increases in taxes of more than 2% per annum are allowed unless the real estate is sold or materially improved. ...

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  • Law Alert: Prop 15 – Repeal of Prop 13 for Commercial Properties
  • Update: Commercial Eviction Moratoria Extended
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