The information provided is intended to provide general information about Proposition 19. It is not intended to be a legal interpretation or official guidance, or relied upon for any purpose, but is instead a presentation of summary information. Proposition 19 is a constitutional amendment, so additional legislation, regulations, and statewide guidance are expected to clarify its implementation. If there is a conflict between the information provided here and the proposition or any legal authorities implementing or interpreting the proposition, the text of the proposition and the other implementing or interpretive authorities will prevail. We encourage you to consult an attorney for advice on your specific situation.
Assessed Value is fair market value at the time of change in ownership.
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Rule: Excess market value is added to the FBYV
$300,000 (excess) + $250,000 (FBYV) = $550,000 New Base Year Value
Type of Relief | Forms to File | Name of Form | Filing Deadlines |
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Age 55 or Older | BOE-19-B | Claim for Transfer of Base Year Value to Replacement Primary Residence for Persons at Least Age 55 Years | Within 3 years of the date a replacement dwelling is purchased, or new construction of a replacement dwelling is completed. |
Severely and Permanently Disabled | BOE-19-D and BOE-19-DC | Claim for Transfer of Base Year Value to Replacement Primary Residence for Severely Disabled Persons, and Certificate of Disability | Within 3 years of the date a replacement dwelling is purchased, or new construction of a replacement dwelling is completed. |
Victim of Wildfire or Natural Disaster | BOE-19-V | Claim for Transfer of Base Year Value to Replacement Primary Residence for Victims of Wildfire or Other Natural Disaster | Within 3 years of the date a replacement dwelling is purchased, or new construction of a replacement dwelling is completed. |
• Eligible for Homeowners' or Disabled Veterans' Exemption
- The claim form, BOE-266, Claim for Homeowners' Property Tax Exemption is available at www.sfassessor.org
Any excess market value is added to the FBYV.
Type of Relief | Forms to File | Name of Form | Filing Deadlines |
---|---|---|---|
Family Home | BOE-261-G or BOE-266 | Claim for Disabled Veterans' Property Tax Exemption or Claim for Homeowners' Property Tax Exemption</td | Within 1 year from date of death or transfer. Exclusion will be applied prospectively if filed after 1-year period. |
Family Home | BOE-19-P | Claim for Reassessment Exclusion for Transfer Between Parent and Child Occurring on or After February 16, 2021 | Within 3 years from date of death or transfer, or before transfer to 3rd party, whichever is earlier. |
Date of Transfer or Change in Ownership | Applicable $1 Million Amount |
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February 16, 2021 – February 15, 2023 | $1,000,000 |
February 16, 2023 – February 15, 2025 | $1,022,600 |
California Board of Equalization FAQs and Guidance
• www.boe.ca.gov/prop19/#Guidance
San Francisco Office of the Assessor-Recorder
You’ve got questions and we can’t wait to answer them.