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Prop 19 Transfer Exemption in Effect Feb. 16

February 8, 2021

Proposition 19, supported by the California Association of REALTORS® (C.A.R.), allows homeowners who are 55 and older, people with severe disabilities, wildfire or natural disaster victims to transfer their current property tax base to a replacement home anywhere in California. Beginning Feb. 16, 2021, Prop 19 also changes the rules on exemptions from reassessment for […]

Filed Under: California News, CVAR Connect, Government Affairs Tagged With: #CVARmembers, #Proposition19, exemption, intergenerational transfer, Jordan Levine, Paul Velasco, Prop 19, Property tax, Proposition 19

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