Do you own real estate in California? Please attached see the details of Prop. 19 which passed with a 51.1% vote. Proposition 19 will provide additional funding to firefighters, local governments, and school districts, as well as limiting property tax increases for some of California’s most vulnerable communities. Prop19 allows homeowners who is 55 or older or those who lost their home in a natural disaster to transfer their tax assessment to a new home. Prop19 eliminates the ability for a home to pass from a parent to a child without reassessing the home value, unless it is their child's primary residence. Raana Jamshide Broker Associate, REALTOR® CRS, ILHM, CIPS 📱858.229.2200 [email protected] DRE#01255312 ________________________________ Pacific Sotheby's International Realty #Proposition19 #55PlusTaxAssessment #HomeValue #PrimaryResidence #AccessedValue #ReplacementProperty #ReassessedHomeValue #SanDiegoRealtor https://www.instagram.com/p/CIquSh9DRzu/?igshid=57mevz1sfx5l
