Appendix A
(e) Any transfer by an instrument whose terms reserve to the transferor an estate for years or an estate for life.
However, the termination of such an estate for years or estate for life shall constitute a change in ownership,
except as provided in subdivision (d) and in Section 63.
(f) The creation or transfer of a joint tenancy interest if the transferor, after the creation or transfer, is one of
the joint tenants as provided in subdivision (b) of Section 65.
(g) Any transfer of a lessor's interest in taxable real property subject to a lease with a remaining term
(including renewal options) of 35 years or more. For the purpose of this subdivision, for 1979-80 and each year
thereafter, it shall be conclusively presumed that all homes eligible for the homeowners' exemption, other than
mobilehomes located on rented or leased land and subject to taxation pursuant to Part 13 (commencing with
Section 5800), that are on leased land and have a renewal option of at least 35 years on the lease of that land,
whether or not in fact that renewal option exists in any contract or agreement.
(h) Any purchase, redemption, or other transfer of the shares or units of participation of a group trust, pooled
fund, common trust fund, or other collective investment fund established by a financial institution.
(i) Any transfer of stock or membership certificate in a housing cooperative that was financed under one
mortgage, provided that mortgage was insured under Section 213, 221(d)(3), 221(d)(4), or 236 of the National
Housing Act, as amended, or that housing cooperative was financed or assisted pursuant to Section 514, 515, or
516 of the Housing Act of 1949 or Section 202 of the Housing Act of 1959, or the housing cooperative was
financed by a direct loan from the California Housing Finance Agency, and provided that the regulatory and
occupancy agreements were approved by the governmental lender or insurer, and provided that the transfer is to the
housing cooperative or to a person or family qualifying for purchase by reason of limited income. Any subsequent
transfer from the housing cooperative to a person or family not eligible for state or federal assistance in reduction
of monthly carrying charges or interest reduction assistance by reason of the income level of that person or family
shall constitute a change of ownership.
(j) Any transfer during the period March 1, 1975, to March 1, 1981, between coowners in any property that
was held by them as coowners for all or part of that period, and which was eligible for a homeowner's exemption
during the period of the coownership, notwithstanding any other provision of this chapter. Any transferee whose
interest was revalued in contravention of the provisions of this subdivision shall obtain a reversal of that
revaluation with respect to the 1980-81 assessment year and thereafter, upon application to the county assessor of
the county in which the property is located filed on or before March 26, 1982. No refunds shall be made under this
subdivision for any assessment year prior to the 1980-81 fiscal year.
(k) Any transfer of property or an interest therein between a corporation sole, a religious corporation, a public
benefit corporation, and a holding corporation as defined in Section 23701h holding title for the benefit of any of
these corporations, or any combination thereof (including any transfer from one such entity to the same type of
entity), provided that both the transferee and transferor are regulated by laws, rules, regulations, or canons of the
same religious denomination.
(l) Any transfer, that would otherwise be a transfer subject to reappraisal under this chapter, between or among
the same parties for the purpose of correcting or reforming a deed to express the true intentions of the parties,
provided that the original relationship between the grantor and grantee is not changed.
(m) Any intrafamily transfer of an eligible dwelling unit from a parent or parents or legal guardian or guardians
to a minor child or children or between or among minor siblings as a result of a court order or judicial decree due
to the death of the parent or parents. As used in this subdivision, "eligible dwelling unit" means the dwelling unit
that was the principal place of residence of the minor child or children prior to the transfer and remains the
principal place of residence of the minor child or children after the transfer.
(n) Any transfer of an eligible dwelling unit, whether by will, devise, or inheritance, from a parent or parents to
a child or children, or from a guardian or guardians to a ward or wards, if the child, children, ward, or wards have
AH 510 82 December 2002