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DATE STAMP TOM J. BOLSONARO, JR. COUNTY ASSESSOR 1055 Monterey Street, Suite D360 San Luis Obispo, CA 93408 (805) 781-5643 5955 Capistrano Avenue Atascadero, CA 93422 (805) 461-6143 WWW:slocounty.ca.gov/assessor

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What is application for decline-in-value reassessment?

The application for decline-in-value reassessment is a form that allows property owners to request a reassessment of their property value if they believe it has decreased significantly since the last assessment.

Who is required to file application for decline-in-value reassessment?

Property owners who believe their property value has declined significantly and want to request a reassessment are required to file the application for decline-in-value reassessment.

How to fill out application for decline-in-value reassessment?

To fill out the application for decline-in-value reassessment, property owners need to provide information about their property, its current value, reasons for the decline, and any supporting documentation. The specific instructions and forms can be obtained from the local tax assessment office.

What is the purpose of application for decline-in-value reassessment?

The purpose of the application for decline-in-value reassessment is to allow property owners to request a reassessment of their property value if they believe it has decreased significantly, which can potentially result in lower property tax liabilities.

What information must be reported on application for decline-in-value reassessment?

The application for decline-in-value reassessment typically requires property owners to report information such as property address, current value estimation, reasons for decline, supporting documentation (if any), and contact information.

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