What is meant by child under Proposition 58?
  • Any child born to the parent; or
  • Any stepchild or stepchild's spouse while the relationship of stepparent and stepchild exists; or
  • Any son/daughter-in-law of the parent; or
  • Any child statutorily adopted before the age of 18.

Show All Answers

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