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quaint

(3,818 posts)
7. Prop 19 went into effect in 2021.
Wed Feb 26, 2025, 09:50 AM
Feb 26

How Prop 19 affects Prop 13 (AI)

Reassessment exemptions
Prop 19 narrows the exemptions that protected property transfers between parents and children, and grandparents and grandchildren.

Reassessment of inherited homes
Inherited homes that aren't used as primary residences must be reassessed at market value.

Base year value transfers
Prop 19 allows base year value transfers for people over 55, the severely disabled, and disaster victims.

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