What are the detailed requirements for Proposition 110 exclusion?
  1. You or a spouse residing with you must be severely and permanently disabled when the original property was either sold or modifications were completed.
  2. Both your origianal and replacement property must be eligible for a homeowners' or disabled veterans' exemption and the replacement property must be your principal residence.
  3. The replacement property must be of equal or lesser value than the original property.
  4. The replacement property must be purchased or built within two years (before or after) the sale of the original property.
  5. To receive retroactive relief from the date of transfer, you must file your claim within three years following the purchase or completion of new construction of the replacement property.
  6. The disabled person, spouse, or legal guardian must submit a Physician's Certificate of Disability (Form BOE-62A) with the claim.

Show All Answers

1. What are the detailed requirements for Proposition 110 exclusion?
2. How many times can I apply for this exclusion?
3. If I qualify for Proposition 110 benefits, do I still need to file for a Homeowners' Exemption on the replacement property?
4. What tax relief is available for homes modified to improve accessibility?
5. If I make an improvement to my replacement home within two years of purchase, can I get additional tax relief for the new construction?