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Proposition 60/90 Eligibility Requirements: Guide to California Property Tax Transfer

Discover how Proposition 60/90 eligibility requirements work for California property owners. Effective for older people 55+, this rule allows transferring the assessed value of a principal residence sold in one county to a new home in another. Learn the steps, benefits, and pitfalls of California property tax transfer below.

How does Proposition 60/90 work?

Under Proposition 60/90 for older people, California property owners aged 55 or older may qualify to transfer the assessed value of their original principal residence (sold in County “A”) to a replacement home in County “B”. This CA real estate tax relief helps older people maintain lower property taxes when relocating. County Assessors require specific documents, including a tax bill from the original county, the applicant’s birth certificate, a grant deed for the new purchase, and closing statements for both sale and purchase.

Proposition 60/90 Eligibility Requirements:

• Age Requirement: The seller or their spouse must be at least 55 years old when transferring the original property.

• Value Limit: The replacement property must have an equal or lesser current market value than the original.

• Sale Timing: The base year value transfers only after the original property is sold.

• Purchase Window: The replacement property must be bought or newly constructed within two years (before or after) the original sale.

• Application Deadline: Owners must file within three years of the replacement property’s purchase or construction completion date.

• One-Time Relief: Proposition 60/90 relief is a one-time benefit; prior claims by the owner or spouse disqualify eligibility.

• Eligible Properties: Includes single-family homes, condos, planned unit developments, cooperative housing, mobile homes taxed as real property, and owner-occupied portions of larger structures.

• Occupancy Rule: Tax relief applies only after owning and occupying the replacement dwelling as the principal residence.