Prop19San Francisco Real Estate September 26, 2022

Repellant for Your Property Tax Increase: Prop 19

Thinking about moving? Prop19 is a repellant for your property tax increase!
Just a few of the Benefits of Prop 19:
–       Transfer of the property tax base of an existing home to a new home anywhere in California.
–       Allowing the transfer of the property tax base of an existing home to a new home regardless of price.
–         Transferring the low property tax base of your original home up to three times to a new home.

Homeowners who can take advantage of Proposition 19 are:

–  age 55+
– severely disabled or victims of wildfire or natural disaster.
On November 3, 2020, California voters approved Proposition 19The Home Protection for Seniors, Severely Disabled, Families, and Victims of Wildfire or Natural Disasters Act. Prop 19 became effective as of April 1, 2021.