As used in this article: (a) âAcquiredâ means received or taken by conveyance, judgment, decree, or otherwise. (b) âPropertyâ means any right, title, or interest in or lien upon real property or part thereof. (c) âSubsequent ownerâ means the person to whom property is transferred whether as owner, part owner, or otherwise, or the successors in interest of the person, and includes a distributee of the estate of a decedent. (d) âTransferâ means voluntary or involuntary transfer and includes a conveyance, reconveyance, satisfaction of a lien, or divestment by judgment, decree, or otherwise. The probate of the estate of a decedent and entry of the decree of distribution is a transfer within the meaning of this subdivision.
‹ Prev All California sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.