Please share the following content from the LA County Assessor on your City’s website and social media platforms:
If you own a home and it is your principal place of residence on January 1, you may apply for an exemption of $7,000 from your assessed value. New property owners will automatically receive a Claim For Homeowners’ Property Tax Exemption. Homeowners’ Exemptions may also apply to a supplemental assessment if the prior owner did not claim the exemption. Further instructions are included with the claim form. Call 213.974-3211 or 1.888.
Click the link to apply: https://assessor.lacounty.gov/
PROPOSITION 19- TRANSFER OF PROPERTY / INHERITANCE OF PROPERTY
In November 2020, California voters passed Proposition 19, which makes changes to property tax benefits for families, seniors, severely disabled persons, and victims of natural disaster. These changes will become effective in February and April 2021, depending on the component of the measure.
“The implementation dates for Proposition 19 are fast approaching and my Office is working hard to inform the public about the changes that will occur. While there is still uncertainty about many components of the measure, this informational brochure will try and answer some of the basic elements of Proposition 19.”
Click the link for more information: https://assessor.lacounty.gov/prop19/