Proposition 19

📘 Understanding Proposition 19

Proposition 19 can have a major impact on a homeowner’s annual property tax bill by changing how assessed values are calculated when property is transferred — either through a sale or inheritance. Since California property taxes are based on assessed value, even small differences can lead to significant savings (or unexpected increases).

Prop 19 offers two key opportunities for property tax savings:

• 🧮 Transfer your property tax base to a new home — available for homeowners who are 55+, disabled, or victims of natural disasters.
• 📊 Avoid reassessment when inheriting property from a parent or grandparent, if eligibility requirements are met.

These provisions can result in thousands of dollars in long-term savings and are especially important to understand during life transitions like downsizing or inheriting real estate.

💡 Want a refresher on how property taxes work in California overall?Check out our Property Tax Resources guide →