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A comment on “Your monthly rent .. shall increase from $2145 to $8900”. Parent comment

Re:“Your monthly rent .. shall increase from $2145 to $8900” by cowsandmilk on Sunday March 15, 2015 @10:20PM (#9209382)
I'm not an expert on California law, but the property changed hands on 12/30/2014

Grantor: SHUKRY & VERA LAMA RVC LVG TR Grantee: LAMA NADIA V

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Re:“Your monthly rent .. shall increase from $2145 to $8900” by spiralpolitik on Sunday March 15, 2015 @10:40PM (#9209469)
Simply way around Prop 13. The property is owned by a company not a person. To sell the property you sell the company. As far as property tax was concerned the property hasn't changed hands. Profit.

Prop 13 was never about making sure Grandma didn't get taxed out of her home, it was about making sure corporations didn't pay property tax.

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