California State Board of Equalization updates New Construction – Portion of A Structure clarification
The California State Board of Equalization has issued a Letter to the Assessor No. 2014/039 which gives clarification for the Assessor’s Handbook (AH410) Assessment of Newly Constructed Property and also rule 463.
You can find the letter at this link. We have also posted a pdf for you to download CAL BOE LTA 2014/039.