A California farmer in Fresno County owns a parcel described as the NE 1/4 of Section 22, Township 14 South, Range 21 East, Mount Diablo Base and Meridian. The farmer sells the S 1/2 of the NE 1/4 and the E 1/2 of the NW 1/4 of the NE 1/4. For Proposition 13 reassessment purposes, how many acres does the farmer retain?
Correct Answer
D) 60 acres
Step 1: NE 1/4 of Section 22 = 640 ÷ 4 = 160 acres (total owned). Step 2: S 1/2 of NE 1/4 sold = 160 ÷ 2 = 80 acres sold. Step 3: NW 1/4 of NE 1/4 = 160 ÷ 4 = 40 acres. E 1/2 of NW 1/4 of NE 1/4 sold = 40 ÷ 2 = 20 acres sold. Step 4: Total sold = 80 + 20 = 100 acres. Step 5: Retained = 160 - 100 = 60 acres. Under Proposition 13, only the sold portions trigger reassessment to current market value; the retained 60 acres keep their existing assessed value. Fresno County uses the Mount Diablo Base and Meridian.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Deed restrictions are limitations placed in a deed that control how a property may be used by the current and future owners. They are a form of private land use control that runs with the land.
An easement is a legal right to use another person's land for a specific purpose without owning it. It is a nonpossessory interest in real property that typically runs with the land.
An easement by necessity is created by court order when a property is landlocked and has no access to a public road. It arises from the necessity of accessing the property, not from long-term use.
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