SECTIONS 731-733 - California Statutes

REVENUE AND TAXATION CODE

SECTION 731-733

731. Each year between the first day of January and the first day
of June, upon valuing the unitary property of an assessee, the board
shall mail to the assessee, at its address as shown in the records of
the board, a notice stating the amount of the assessed value of the
assessee's unitary property. The notice shall advise the assessee
that a petition for reassessment of the unitary property may be
filed, not later than July 20 of the year of the notice, at the
headquarters of the board in Sacramento.

732. Each year between the first day of January and the last day of
July, upon valuing the nonunitary property of an assessee, the board
shall mail to the assessee at its address shown in the records of
the board a notice stating the amount of the assessed value of the
assessee's nonunitary property. The notice shall advise the assessee
that a petition for reassessment of the nonunitary property may be
filed, not later than September 20 of the year of the notice, at the
headquarters of the board in Sacramento.

733. (a) If a timely petition for reassessment is not filed with
the board, an assessment of unitary or nonunitary property of the
assessee shall become final at the expiration of the period specified
for filing a petition in the notice given in accordance with Section
731 or Section 732.
(b) The board may extend the period for filing a petition for
reassessment once for a period not to exceed 15 days, provided a
written request for the extension is filed with the board prior to
the expiration of the period for which the extension may be granted.