I hereby agree to waive my right to have the above-referenced application heard and decided by the Assessment Appeals Board within a two-year period from the date of the filing as set forth in subdivision (c) of Section 1604 of the California Revenue and Taxation Code (“two-year period” I understand and agree that I may terminate this waiver of the two-year period by delivering a written notice of termination (“termination notice”), in person or by mail, to the Assessment Appeals Board at the address shown in the letterhead above.
I understand and agree that, upon receipt of the termination notice, the Assessment Appeals Board shall hear and decide the above-referenced application within the “extended time period” which is any period of time remaining between the date of execution of this agreement and the expiration of the two-year period, plus one hundred twenty (120) days from the date of receipt by the Assessment Appeals Board of the termination notice.
I understand and agree that the Assessment Appeals Board may set the above-referenced application for hearing at its discretion, or before expiration of the extended time period, whichever is earlier, and in any case, may give written notice of hearing by mail no less than ten (10) days prior to the scheduled date of the hearing.