-Taxation- There is no Proposition 13 change in ownership of - TopicsExpress

-Taxation- There is no Proposition 13 change in ownership of property held by a limited liability company when all of its membership interests are sold but no one person or entity obtains, directly or indirectly, more than a 50 percent interest in the capital and profits. Ocean Avenue LLC v. County of Los Angeles - filed June 3, 2014, publication ordered June 24, 2014, Second District, Div. Two Cite as 2014 S.O.S. 3189 Full text metnews/sos.cgi?0614//B246499

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