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| Ordinarily under Proposition 13, the
value of a home for property tax purposes is re-assessed to market level whenever a change
in ownership takes place. This usually results in higher property taxes for the homebuyer. In November 1988, the state's voters approved Proposition 90, which is designed to induce greater turnover of homes owned by senior citizens. The measure provides anyone over the age of 55 with relief from Proposition 13 by allowing them to move from one county to another without undergoing a change in their basic property taxes. Proposition 90 is a "local-option" law; each county has the option of participating. If a county has adopted a Proposition 90 ordinance, it accepts transfers of property tax base assessments from other California counties. If the county that the homeowner is moving from does not have a Proposition 90 ordinance, this does not affect the eligibility of the homeowner. [Please note: Proposition 60 is a similar law passed by the state's voters two years prior to Proposition 90. It allows seniors to keep their property tax base assessment when they move within the same county.] Counties which have adopted a Proposition 90 ordinance: Alameda, Modoc, Santa Clara, Kern, Monterey, San Diego, Los Angeles, Orange, San Mateo, Ventura. Counties which have rejected implementing Proposition 90: Butte, Merced Santa, Barbara, Calaveras, Mono, Santa Cruz, Contra Costa*, Napa, Shasta, El Dorado, Nevada, Siskiyou, Fresno, Placer, Solano, Inyo*, Riverside*, Sonoma, Lake, Sacramento, Stanislaus, Madera, San Benito, Trinity, Marin*, San Bernardino, Tulare, Mendocino, San Luis Obispo, Yolo. [Counties with an asterisk * previously had a Proposition 90 ordinance then repealed it. All other counties listed in Table II never had a Proposition 90 ordinance.] Information coutesy of the California Association of REALTORS® 1999 If you are buying or selling property in San Diego County California call us! And if you know of, or talk to, a friend or relative who is considering buying or selling Real Estate, please let me know so I can offer them the same valuable service I give to you.
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