Revenue and Taxation Code §170 provides for the reassessment of property that has been physically damaged or destroyed by misfortune or calamity through no fault of the assessee. Damage to taxable property must equal or exceed $10,000 to qualify for reassessment. To be considered, an application must be submitted to the Assessor’s Office within 12 months of the date the damage occurred.
To be used as a cover page when filing a document with the County Recorder to provide adequate space for recording information (additional recording fee applies).
The Religious Exemption may be claimed on property owned by a religious organization and used exclusively for religious purposes. This includes religious worship and school purposes, including preschools, nursery schools, kindergartens, schools of less than collegiate grade, or schools of collegiate grade and less than collegiate grade.
Once a Religious Exemption is approved, the Assessor's Office annually mails form BOE-267-SNT, Religious Exemption Change in Eligibility or Termination Notice, to property owners who received the exemption in the prior year. This form asks whether the property is still being used for an exempt purpose.
A racehorse is any live horse eligible to participate in or produce foals for parimutuel racing in California. This excludes horses over three years old (four for Arabians) that haven't raced or bred for racing in the past two years.
The form is only to be used as an attachment to the original BOE 571-J1 as printed and mailed by the Assessor.
