• Property: Includes all matters and things, real, personal and mixed, capable of private ownership.
  • Personal Property: Includes all property except real estate Improvements includes all building, structures, fixtures, and fences erected on or affixed to the land. All fruit, nut bearing, or ornamental trees and vines,
  • Roll: Means the entire assessment roll, secured, unsecured and the property the State Board of Equalization assesses.
  • Full Cash Value or Market Value: Means the amount of cash or its equivalent that property would bring if exposed for sale in the open market under conditions in which neither the buyer nor seller could take advantage of the exigencies of the other, and both the buyer and the seller have knowledge of all of the uses and purposes to which the property is adapted and for which it is capable of being use, and of the enforceable restriction upon those uses and purposes.
  • Lien Date: The time when taxes for any fiscal year becomes a lien on property.
  • Assessment Year: The period beginning with the lien date and ending immediately prior to the succeeding lien date.
  • Fiscal Year: Beginning July 1 through June 30 each year.
  • Unsecured property: Property taxes on which are not a lien on real property sufficient, in the opinion of the assessor, to secure payment of the taxes.