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PROPOSITION 19 BASE YEAR VALUE TRANSFERS RESTUDY TRAINING SESSION Certified Appraiser Name: Certification # County: Date(s) of Restudy Session: Certified Assessment Analyst Name: Certification # County
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How to fill out base year value transfer

How to fill out base year value transfer
01
Obtain the necessary forms from your local assessor's office.
02
Complete the forms with accurate information about the property being transferred and the reason for the transfer.
03
Submit the forms along with any required documentation to the assessor's office for review and approval.
04
Follow up with the assessor's office to ensure that the base year value transfer is processed in a timely manner.
Who needs base year value transfer?
01
Property owners who are eligible for property tax relief programs, such as Propositions 60, 90, or 110 in the state of California, may need to transfer their base year value in certain circumstances.
02
Individuals who are inheriting property from a deceased parent or grandparent may also need to file for a base year value transfer.
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What is base year value transfer?
Base year value transfer refers to the process of transferring the base year value of a property to a replacement property under certain circumstances, such as when a homeowner or disabled person moves to a new home.
Who is required to file base year value transfer?
Homeowners or disabled persons who meet the eligibility criteria for base year value transfer are required to file the necessary paperwork to transfer the base year value of their property to a new home.
How to fill out base year value transfer?
To fill out base year value transfer, individuals must complete the appropriate forms provided by the local tax assessor's office and submit any required documentation, such as proof of disability or homeowner status.
What is the purpose of base year value transfer?
The purpose of base year value transfer is to provide homeowners or disabled persons with property tax relief when they move to a new home by allowing them to retain the lower property tax assessment from their previous property.
What information must be reported on base year value transfer?
The base year value transfer application typically requires information such as the address of the old and new properties, proof of disability or homeowner status, and other documentation as requested by the tax assessor.
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