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Riverside County Assessor-County Clerk-Recorder logo

Proposition 19

On November 3, 2020, California voters passed Proposition 19, the Home Protection for Seniors, Severely Disabled, Families and Victims of Wildfire or Natural Disasters Act. Currently, our office is waiting on additional information from the State Legislature and State Board of Equalization; until then, we can provide the following information.

Previously, certain transactions could be excluded from reassessment. The information below lists the transfer exclusions that are impacted by Prop 19.
 

BASE YEAR VALUE TRANSFER - PERSON AT LEAST AGE 55/DISABLED

Transfers by citizens age 55 or older or severely disabled (Effective for transactions on or after April 1, 2021)

Below is the chart developed by the State Board of Equalization comparing the current law and the effects of Proposition 19, pending its enactment.

Current Law Proposition 19
Type of Property ► Principal residence ► Principal residence
Timing ► Purchase or newly construct residence within 2 years of sale ► Purchase or newly construct
      residence within 2 years of sale
Location of
 Replacement Home

► Same county

► County with intercounty ordinance (10 counties)

► Anywhere in California
Value Limit

► Equal or lesser value
► 100% if replacement purchased/new construction prior to sale

► 105% if replacement purchased/new construction in first year after sale
► 110% if replacement purchased/new construction in second year after sale

► Any value

► No adjustment to transferred base year value if the replacement property is of equal or lesser value than the original property's market value. "Equal or lesser value" means:

  • 100% if replacement purchased/newly constructed prior to sale
  • 105% if replacement purchased/newly constructed in first year after sale
  • 110% if replacement purchased/newly constructed in second year after sale

► If full cash value of replacement property exceeds "equal or lesser value" when compared to the full cash value of the original property, difference in full cash value is added to transferred value

How many transfers?  ► One time
► Exception: After using once for age, second time for subsequent disability
► Three times
Implementing Statute ► Revenue & Taxation Code section 69.5 (implements Propositions 60/90/110) ► Revenue & Taxation Code section 69.6
Important Dates ► Through March 31, 2021 ► Effective April 1, 2021

  

PARENT-CHILD & GRANDPARENT-GRANDCHILD EXCLUSION

Parent to child and grandparent to grandchildren transfers (Effective for transactions on or after February 16, 2021)

Below is the chart developed by the State Board of Equalization comparing the current law and the effects of Proposition 19, pending its enactment.

Current Law Proposition 19
Principal Residence

► Principal residence of the transferor
► No value limit
► Residence and homesite (excel land may be excluded as "other property")
  

► Principal residence of transferor and transferee
► Value limit of current taxable value plus $1,000,000 (as annually adjusted)
► Family homes and farms
Other Real Property ► Transferor lifetime limit of $1,000,000 of factored base year value ► Eliminates exclusion for other real property other than the principal residence
Grandparent-Grandchild Middle Generation Limit ► Parent(s) of grandchild, who qualifies as child(ren) of grandparent, must
 be deceased on date of transfer
► No change:  parent(s) of grandchild, who qualifies as child(ren) of grandparent, must be deceased on date of transfer
Filing Period

► File claim within 3 years or before transfer to third party

► File for homeowners' exemption within 1 year of transfer
Implementing Statute ► Revenue & Taxation Code section 63.1 (implements Propositions 58/193) ► To be determined
Important Dates ► Through February 15, 2021 ► Effective February 16, 2021

Please click here to access information on filing for either of the Base Year Transfer information or click here to view Parent-Child & Grandparent-Grandchild Exclusion information.

Victims of Wildfire or Natural Disasters Act

For tax relief information for victims of a wildfire or a natural disaster, please click here to view the comparison chart of current law and the effects of Proposition 19, pending its enactment. 

Notes: The above charts are intended to provide general and summary information about Proposition 19. It is not intended to be a legal interpretation, official guidance or relied upon for any reason but instead be a presentation of summary information. If there is a conflict between the information above and the text of the proposition or its implementation, the text of the proposition or legal interpretation will prevail. The above is intended as general information only.
 
 As a consequence of Proposition 19, which was passed by the voters in November 2020, these tax relief areas are being updated to conform with the new laws. The extent of the changes is still being determined. As these changes become more clarified by the Legislature, we will place that information on our website as soon as possible.