Owners of agricultural land can agree to restrict their land to agricultural use in exchange for restricted property tax assessment under the provisions of the California Land Conservation Act of 1965. The California Land Conservation Act, commonly known as the Williamson Act, is a state agricultural land preservation program in which each local jurisdiction can elect to participate. Santa Clara County as well as some local cities currently participate in this program.
Private businesses on public properties, under certain circumstances, are assessed and subject to property taxation. For assessment purposes, these businesses are referred to as Possessory Interests and occurs when there is possession or the right to possession of real estate and fee title is held by a tax exempt public agency.
The Assessor's Office after the property is sold to forms required to be completed upon a transfer
Home ownership comes with many rights and responsibilities. These include the requirements to file certain required forms and to pay property taxes. Also included are the rights to take advantage of a variety of tax saving opportunities.