Seniors
There are a number of tax relief programs available to seniors that, under certain circumstances, can prevent a property tax increase if they sell their existing home and buy another one.
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Proposition 60 allows qualified senior homeowners the ability to transfer of the base-year value of their principal residence to a replacement dwelling located in the same county, under certain circumstances.
Transfer of Assessment to a Replacement Property by Senior Citizens
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Real property sold or transferred between parents and their children, under limited circumstances, will not be reassessed.
Reappraisal Exclusion Between Parent to Child
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Proposition 193 allows the new property owners to avoid property tax increases when acquiring property from their grandparents.
Reappraisal Exclusion from Grandparent to Grandchild