Added by Stats. 2015, Ch. 293, Sec. 17. (AB 139) Effective January 1, 2016. Repealed as of January 1, 2032, pursuant to Section 5600.
For the purpose of application of the property taxation and documentary transfer tax provisions of the Revenue and Taxation Code:
(a)Execution and recordation of, or revocation of, a revocable transfer on death deed of real property is not a change in ownership of the property and does not require declaration or payment of a documentary transfer tax or filing of a preliminary change of ownership report.
(b)Transfer of real property on the death of the transferor by a revocable transfer on death deed is a change in ownership of the property.
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