Prop 19: Senior Transfer Property Tax Savings

Описание: Jordan Marks, your San Diego County Assessor/Recorder/County Clerk wants to help homeowners that are seniors learn how they can upgrade their lifestyle without increasing their property taxes.

The Proposition 19’s senior exclusion from reassessment, or also known as the senior property tax transfer benefit, allows homeowners who are 55 years of age or older, the ability to transfer their low Proposition 13 assessed value from their current principal residence to a replacement principal residence when certain conditions are met.

So, whether you’re a senior planning to move into a new home, or you just want to understand your options, this video will help you understand how to navigate and take advantage of the property tax savings available to you using the senior exclusion from reassessment.

In this video, he'll walk you through the eligibility requirements and how you can qualify for the senior exclusion from reassessment, along with some key tips to make sure you are getting the most out of this property tax saving opportunity.

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To learn more about other ways we can save you money on your property taxes or other services that my office provides, please visit www.sdarcc.gov.

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