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The California Association of Realtors previously sponsored and financed an initiative measure known as 2018 California Proposition 5 on the November 2018 ballot that would have further expanded Proposition 13 property tax breaks for certain homeowners (primarily homeowners over age 55) by allowing them to transfer their lower property tax base ...
The California Mortgage Relief Program is offering a one-time grant that will allow homeowners to catch up on past-due property tax or mortgage payments due to financial issues brought on by COVID-19.
Proposition 13 (officially named the People's Initiative to Limit Property Taxation) is an amendment of the Constitution of California enacted during 1978, by means of the initiative process, to cap property taxes and limit property reassessments to when the property changes ownership, and to require a 2/3 majority for tax increases in the ...
The Sunshine State has a property tax exemption for seniors aged 65 and older. The Senior Citizen Exemption provides additional homestead exemptions for low-income seniors who meet specific criteria.
California Proposition 60 was an amendment of the Constitution of California relating to property tax assessments for older homeowners. It was proposed by the California State Legislature and approved by voters in a referendum held on November 4, 1986.
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