2/6/2024 0 Comments Average age in an franciscoOn the date of the transfer of the original property, the transferor (seller) must be at least 55 years of age.On November 4, 1986, the voters of California passed Proposition 60 to provide qualified homeowners the transfer of the base-year value of their principal residence to a replacement dwelling located in the same county, under certain circumstances. Please visit the Proposition 19 resource page for more information. ALERT: In November 2020, California voters passed Proposition 19, which makes changes to property tax benefits for seniors (effective April 1, 2021).
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