I just went through the the assessment appeals board for Santa Clara County with a homeowner who lives in my geographical farm. For those of you who are not familiar with the assessment appeals board, its intention is to be an unbiased, independent panel to preside over disagreements between property owners and the SCC Assessor, pertaining to their […]
Proposition 13: What you Should Know.
Frequently new homeowners will ask why they are paying twice as much (or far more) in property taxes than their neighbor. The answer is Proposition 13. Passed by the voters in June 1978, Proposition 13 is an amendment to the California Constitution that limits the assessment and taxation of property in California. It restricts both […]
Proposition 90: Inter-County Tax Base Transfer
Proposition 90 allows a homeowner to transfer the base year value of their principal residence in one county to a newly purchased residence in another county providing that certain requirements are met. Only a limited number of counties are participating in Proposition 90. Proposition 90 Requirements (Santa Clara County): The requirements for Proposition 90 […]
