In Most cases these constitutional tax incentives allow senior citizens to transfer the trended base value from their current home to a replacement home. There are requirements that must be met and the county has to participate not all do).
Proposition 60 relates to transfer within the same county and proposition 90 refers to transfers between counties.
Check with your county tax assessor to see if they participate in these programs.
Here is the guide that the Los Angeles County Assessor puts out: guide to proposition 60 and 90.pdf
Here is the link to the California State Board of Equalization website regarding these propositions:http://www.boe.ca.gov/proptaxes/faqs/propositions60_90.htm
If you have any questions please give us a call and we will do our best to explain this and help you.
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