KEEP YOUR LOW PROPERTY TAXES WHEN YOU MOVE
Proposition 19 Property Tax Transfer
A powerful California benefit that can save eligible homeowners thousands of dollars every year when moving to a new home.
California Proposition 19
Proposition 19 allows eligible California homeowners to transfer their existing low property tax base to a new primary residence anywhere in California.
YOU MAY QUALIFY IF YOU ARE:
Eligibility Requirements:
✔ 55 years or older
✔ A fire or natural disaster victim
✔ Moving to a primary residence
WHAT PROPOSITION 19 ALLOWS YOU TO DO:
Key Benefits:
✔ Keep most or all of your current property tax rate
✔ Use this benefit up to three (3) times
HOW IT WORKS:
Simple Breakdown
If your new home costs:
✔ The same or less than your old home
→ You keep the same property tax bill
✔ More than your old home
→ You keep your old tax base
→ You only pay higher taxes on the price difference
REAL-LIFE EXAMPLE:
Easy-to-Understand Scenario:
Original home purchased at $250,000
Current property taxes: ~$3,000 per year
Old home sold for $700,000
New home purchased for $850,000
Result:
✔ You keep your low tax base on $700,000
✔ You are only taxed on the $150,000 difference
This can save thousands of dollars every year.
IMPORTANT TIMING RULES:
Timing Is Critical
New home must be purchased or built within 2 years of selling your current home
Application must be filed with the County Assessor
Paperwork must be completed correctly to qualify
THE RULES MATTER AND TIMING IS EVERYTHING:
Expert Guidance Matters
I can help you:
✔ Confirm eligibility
✔ Estimate potential tax savings
✔ Coordinate timing so you don’t miss this valuable benefit
