PACIFIC SOUTHWEST REALTY CO. v. COUNTY OF LOS ANGELES

Docket No. S021134.

1 Cal.4th 155 (1991)

820 P.2d 1046

2 Cal. Rptr.2d 536

PACIFIC SOUTHWEST REALTY COMPANY, Plaintiff and Respondent, v. COUNTY OF LOS ANGELES et al., Defendants and Appellants.

Supreme Court of California.

December 26, 1991.


Attorney(s) appearing for the Case

COUNSEL

De Witt W. Clinton, County Counsel, Halvor Melom and Albert Ramseyer, Deputy County Counsel, for Defendants and Appellants.

Daniel E. Lungren, Attorney General, Edmond B. Mamer and Carol H. Rehm, Jr., Deputy Attorneys General, Louise H. Renne, City Attorney (San Francisco), John J. Doherty and Robin M. Reitzes, Deputy City Attorneys, as Amici Curiae on behalf of Defendants and Appellants.

O'Melveny & Myers, Frederick A. Richman, Gregg A. Oppenheimer and Marcy Jo Mandel for Plaintiff and Respondent.


OPINION

MOSK, J.

In 1978 the voters adopted Proposition 13, which provides that until a change in ownership occurs real property may be taxed at no more than 1 percent of its 1975-1976 assessed value adjusted for inflation. When ownership changes, the property may be reassessed at its current market value. We are asked to decide whether, when a vendor sells a fee simple interest to a purchaser...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases