Proposition 60 & 90

To transfer your San Diego North County homes property tax base, one of the owners must be 55 years old on the day of the transfer.    It must be you principal residence.  The subsequent principal residence that you are purchasing must close escrow within 2 years of the transfer of the first principal residence.
On the Proposition 60 and 90 transfer, you are allowed an inflation allowance of 5% if the subsequent purchase is less than one year of the sale date of the original place of residence.
On the Proposition 60 and 90 transfer, you are allowed an inflation factor of 10% if the subsequent purchase is less than two years.
Please remember, if you purchase a replacement residence prior to closing escrow on the residence you want to transfer your tax base from, you do not have an inflation allowance.,  Your former North County home must sell for at least what was paid for the replacement residence.
All Prop 60 Transactions must be Completed within Two Years!
Proposition 90 will allow the inter-county transfer of the property tax base.  Counties listed below are subject to change without prior notice.  For verification, please contact your county’s assessor’s office.
Proposition 90 will allow the inter-county transfer of the property tax base.  Counties listed below are subject to change without prior notice.  For verification, please contact your county’s assessor’s office.
For more information reguarding Proposition 60 and 90 please contact the assessor’s office.  Also, this website does not provide tax advice.  Always check with your CPA before making tax decisions.
San Diego    619-236-3771
Alemeda            510-272-3787
Los Angeles 213-974-3211
Orange          717-834-2727
San Mateo    650-363-4500
Santa Clara  408-299-5500
Ventura         805-654-2181