If submitting in connection to a base year value transfer claim, use this form if the sale of the original primary residence and the purchase or new construction of the replacement primary residence occurred on or after April 1, 2021.
California voters approved Proposition 19 in November 2020, allowing property owners with severe and permanent disabilities to transfer the taxable value of their principal residence to a replacement residence anywhere in California. Eligible property owners may utilize this transfer up to three times.
The Veterans' Exemption provides an exemption of property not to exceed $4,000 for qualified veterans who own limited property. The exemption may be claimed by a person currently serving in the military service or one who has been honorably discharged, the unmarried surviving spouse or either parent of a deceased veteran meeting the service requirements.
