California Codes > Streets and Highways Code > Division 11 > Chapter 3 > Article 1 – Computing the Reassessment
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Terms Used In California Codes > Streets and Highways Code > Division 11 > Chapter 3 > Article 1 - Computing the Reassessment
- City: includes "city and county" and "incorporated town. See California Streets and Highways Code 15
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- County: includes "city and county. See California Streets and Highways Code 14
- County: includes "city and county. See California Welfare and Institutions Code 14
- Lien: A claim against real or personal property in satisfaction of a debt.
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.