Tulare County Seal

Tulare County

Office of the Assessor/Clerk-Recorder

Transfer of Property Tax Base to Replacement Property - Disabled Persons

The Tulare County Assessor / Clerk - Recorder is committed to providing Tulare County residents with all applicable tax savings.

Visit the County Assessor’s website where the property is located. Contact information for each County Assessor in California is available here.

Did you know property owners in California who are severely and permanently disabled can transfer the taxable value of their home when they sell their home and buy or build another home, and avoid paying higher property taxes?

In November 2020, California voters approved Proposition 19 allows severely and permanently disabled persons to transfer the taxable value of their principal residence to a replacement principal residence located in any California county, up to three times, provided certain requirements are met.

Prop. 19 excludes replacement homes from being reassessed at current market value upon change of ownership, which can significantly increase property taxes compared to those that were paid on the original residence. “Taxable value” means a property’s base year value plus inflationary adjustments, commonly referred to as the factored base year value.

Revenue and Taxation Code (R&TC) section 69.6 implements the base year value transfer provisions under Proposition 19 for disabled persons for transfers that occur on or after April 1, 2021.

For such transfers that occurred before April 1, 2021, see Publication 800-4a information sheet, Transfer of Property Tax Base to Replacement Property – Disabled Persons Occurring On or Before March 31, 2021. The base year value transfer is available to any severely and permanently disabled person who sells their principal residence (referred to as the original property) and buys or builds a replacement residence (referred to as the replacement property) within two years of the sale of the original property.

The acquisition or construction of a replacement property must occur within two years of the sale of the original property.

Potential for Tax Savings

Property taxes are based on the assessed value of property. For purposes of California property taxation, real property is reassessed at market value when sold or transferred, and upon completion of new construction. As a result of purchasing a different home or building a new one, a property’s assessed value can sometimes increase significantly, resulting in higher property taxes due each year.

If the original property’s factored base year value is less than the market value of the replacement property, then receiving a base year value transfer will result in savings.