Santa Clara Valley Living

Real Estate Guide for the Santa Clara Valley

Archive for the 'property tax' Category

How Santa Clara County Proposition 13 Works

vbrasil on Feb 12th 2009

Frequently new homeowners will ask why they are paying twice as much (or far more) in property taxes than their neighbor. The answer is Proposition 13. Passed by the voters in June, 1978, Proposition 13 is an amendment to the California Constitution that limits the assessment and taxation of property in California. It restricts both [...]

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Proposition 90: Inter-County Tax Base Transfer

vbrasil on Feb 11th 2009

Proposition 90 allows a homeowner to transfer the base year value of their principal residence in one county to a newly purchased residence in another county providing that certain requirements are met. Only a limited number of counties are participating in Proposition 90.
 
Proposition 90 Requirements (Santa ClaraCounty):

The requirements for Proposition 90 in Santa ClaraCounty [...]

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