Proposition 60/90 - Transfer of the Property Tax Base for 55+
Here is what you need to know about transferring Property Tax Base from one principal place of residence to another principal place of residence in-county only.
- One of the property owners must be at least 55 years old on the day of transfer.
- Must be transferred within two years
- A five percent inflation allowance if less than one year
- A ten percent inflation allowance if at least one year but less than two.