Which transfers of real property may qualify?
  • Transfers between parent and child of the principal residence; and/or
  • Transfers between parent and child of the first $1,000,000 in value of other real property.

Show All Answers

1. How will Proposition 19 affect the Parent-Child Exclusion?
2. Does the first $1,000,000 in value represent the current market value, or the assessed value?
3. How many parent-child transfers of a principal residence may qualify under Proposition 58?
4. What is meant by child under Proposition 58?
5. What is the effective date of Proposition 58?
6. Which transfers of real property may qualify?
7. Who are the transferor and transferee?