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How to Move But Not Increase Property Taxes

how to move but not increase property taxesAccording to a survey by the California Association of Realtors, one of the top reasons home owners have not considered selling is a concern that property taxes on another home would be too expensive.

For certain groups of people living in San Diego County and some other counties in California, there is a way to move but not increase property taxes.

California voters have passed several propositions, Propositions 60, 90 and 110, that allow eligible property owners to transfer the base year value of an existing principal residence to a replacement dwelling.

What do these propositions do? Who qualifies, and what are the benefits?

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