The following is a partial list of the organizations and/or properties that may qualify: These exemptions are available to nonprofit organizations that provide services to the community. Real and personal property used for religious, hospital, scientific or charitable purposes may be eligible for a property tax exemption. Proposition 58 is previous legislation regarding the parent-child transfer exclusion, and Proposition 193 is previous legislation regarding the grandparent-grandchild transfer exclusion.īOE-58 Claim for Parent-Child Transfer ExclusionīOE-58 Claim for Grandparent-Grandchild Transfer Exclusion Propositions 58 and 193 apply to transfers that occurred on or before February 15, 2021. The value limit is equal to the home or farm's taxable value at the time of transfer plus $1 million.Ī Grandparent-Grandchild exclusion is available with the same conditions and requirements, but applies only in the event that both parents of the grandchild are deceased.īOE-19 Claim for Parent-Child Transfer ExclusionīOE-19 Claim for Grandparent-Grandchild Transfer Exclusion Propositions 58 & 193.Current interpretation is that there is no requirement that family farm include a home.To qualify, the home must be eligible for the Homeowners’ Exemption or Disabled Veterans’ Exemption and the exemption applied for within one year of transfer or purchase.Applies to a purchase or transfer of a family home between parents and children, if the property continues as the family home of the transferee.Proposition 19 limits the exclusion of parent-child transfers to $1 million, applicable only to a primary residence or family farm. Proposition 19 applies to transfers that occurred on or after February 16, 2021.
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