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Is property tax relief available for senior citizens? (Proposition 60 and 90)
The provisions of Revenue and Taxation Code Section 69.5 (Proposition 60) allow
taxpayers at least 55 years of age to purchase a new residence of equal or
lesser value than their former residence in Riverside County and transfer the
assessed value (not taxes) of their former residence to the new residence. Both
the original and the replacement properties must be in Riverside County. Some restrictions apply;
see Important
Information about Propositions 60 & 90 for more information.
If you qualify, you may complete the Claim
of Person(s) at Least 55 Years of Age for Transfer of Base Year Value to Replacement
Dwelling.
If you would like additional information regarding this subject, you may submit
your question to our public service staff by using our Public Inquiry Form.
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