Parent/Child Transfer Exclusion
Voters passed Proposition 19 in November 2020. This legislation affects Parent-Child and Grandparent-Grandchild exclusions, Disaster Relief and Base Year Value Transfers. Visit the Board of Equalization’s or Sonoma County Assessor’s Proposition 19 pages for the most up to date information.
The Parent/Child Transfer Exclusion allows certain transfers between parents and children to be excluded from reappraisal. It only applies to real property transfers that have occurred since November 6, 1986 when certain requirements are met and the application is filed.
Proposition 19 (Current Law)
Effective February 16, 2021
- A family home that is the principal residence of transferor and transferee
- A family farm and must continue as a family farm of the transferee
- Value limit of current taxable value plus $1,000,000 (as annually adjusted)
November 6, 1986 to February 15, 2021
The following types of property may be excluded, if the appropriate application is filed:
- Transfers of primary residences (no limit)
- Transfers of the first $1 million of real property other than the primary residences
The exclusion applies only to real property transfers between eligible parents and children, not legal entities
Prop 58 (Prior Law) vs. Prop 19 (Current Law)
|Proposition 58 (Prior Law)||Proposition 19 (Current Law)|
|Other Real Property||
|Grandparent-Grandchild Middle Generation Limit||
Note: The information presented is intended to provide general and summary information about Proposition 19. It is not intended to be a legal interpretation or official guidance or relied upon for any purpose, but is instead a presentation of summary information. If there is a conflict between the information presented and the text of the proposition or its implementation, the text of the proposition or legal interpretation will prevail. It is highly encouraged that you consult an attorney for advice specific to your situation.
Proposition 58 (Prior Law)
To get relief retroactive to the date of transfer, a completed claim must be filed with the Assessor's office by the earliest of the following:
- Within three years of the transfer
- Prior to transferring to a third party
If a notice of supplemental or escaped assessment is mailed after either of these periods have passed, then the transferee has an additional six months from the date of the notice to file a claim.
If the transferee has not transferred the property to a third party, applications may still be filed at any time after the three-year deadline; however, those filed after three years will only become effective for the lien date in the assessment year in which they are filed and will not be retroactive to the date of transfer.
State Board of Equalization Property Taxes Department
Frequently Asked Questions Page
Proposition 19 Frequently Asked Questions
Revenue and Taxation Code Section 63.1 Questions and Answers (PDF: 1.11 kB)