Proposition 19
Proposition 19 went into effect on April 1, 2021, protecting millions of older homeowners, homeowners with severe disabilities, and victims of wildfires or natural disasters.
As older homeowners move to senior housing, retirement communities, condos, and smaller homes, more homeownership opportunities will open up in communities throughout California each year for renters, young families, and first-time homebuyers.
Proposition 19 allows victims of wildfire or natural disasters to transfer the property tax base of their damaged house to a replacement home anywhere in California.
Proposition 19 also frees up inventory by offering these considerations.
Click Read More below for more information