Revenue and Taxation Code (RTC) Sections referenced below are found on the
California Legislative Information website.
Refinancing
Refinancing a real estate loan is not considered a change in ownership, and should not result in a reassessment. There is no form to complete for this exclusion. The Assessor will typically request additional information from the property owner to verify that the transaction was for refinancing purposes only. (Ref. RTC Section 62(c))
For any questions contact the Assessor at (916) 875-0750 (8am-4pm) or email us at assessor@saccounty.gov.
Husband/Wife (Inter-Spousal) Change in Ownership Exclusion
Transfers of property between spouses during marriage are excluded from reassessment. Transfers between former spouses after marriage (in connection with a property settlement agreement or dissolution) are also excluded. No form is required. However, additional documentation may be necessary. (Ref. RTC Section 63)
For more information see the
California State Board of Equalization FAQs. You may also call the Assessor’s Office at (916) 875-0750 (8am-4pm) or email us at assessor@saccounty.gov.
Registered Domestic Partners Change In Ownership Exclusion
Beginning January 1, 2006, transfers of real property between registered domestic partners (as defined in Section 297 of the Family Code) are not considered assessable changes in ownership. There is no form to complete. However, documentation will be requested. (Ref. RTC Section 62(p))
This exclusion includes (but is not limited to):
- A transfer in (or out) of a trust for the benefit of a partner.
- The addition of a partner on a deed.
- A transfer upon the death of a partner.
- A transfer pursuant to a settlement agreement.
- A transfer pursuant to a court order upon termination of the domestic partnership.
For more information see the California State Board of Equalization
California State Board of Equalization FAQs. You may also call the Assessor’s Office at (916) 875-0750 (8am-4pm) or email us at assessor@saccounty.gov.
Proportional Interest Transfer Change in Ownership Exclusion
Any transfer between an individual and a legal entity (or between legal entities) that results solely in a change in the method of holding title (the proportional ownership interests of the transferors and transferees remain unchanged) is excluded from reassessment under Proposition 13. No claim form is required. However, additional documentation may be necessary. (Ref. RTC Section 62(a)(2))
For more information contact the Assessor at (916) 875-0750 (8am-4pm) or by email at assessor@saccounty.gov.
Cotenancy Change in Ownership Exclusion
Transfer of a cotenancy interest from one cotenant to another due to the death of one cotenant (and after January 1, 2013) may be excluded from reassessment if certain conditions are met. (Ref. RTC Section 62.3)
This exclusion is explained in the State Board of Equalization
Letter to Assessors 2013-21 and BOE Publication 800-8: TRANSFERS BETWEEN COTENANTS UPON THE DEATH OF A COTENANT.
You may also request the form (or ask questions) by calling (916) 875-0750 (8am-4pm) or email us at assessor@saccounty.gov.
Parent/Child (Grandparent/Grandchild) Change in Ownership Exclusion and Base Year Value Transfers
Visit our Proposition 19 page for forms and information on the Parent/Child (and Grandparent to Grandchild) Change in Ownership Exclusion.
Important: Voters passed
Proposition 19 in November 2020. The portion of that law that affects parent to child transfers and grandparent to grandchild transfers is effective 2/16/2021. Transfers that occur prior to that date fall under Proposition 58 and Proposition 193 provisions, respectively. Transfers that occur on or after 2/16/2021 are subject to the new provisions under Proposition 19.
For more information, please call the Assessor’s Office at (916) 875-0750 (8am-4pm) or email us at Prop19@saccounty.gov.
