Important Information Proposition 58 applies to transfers occurring on or after November 6, 1986. Proposition 193 applies to transfers occurring on or after March 27, 1996. […]

How Grandchildren Are Defined Under Proposition 193, the same relationship requirements for children apply to grandchildren, step-grandchildren and grandchildren-in-law. However, the parents of the grandchild(ren), who […]

 How Children Are Defined in Proposition 58 For the purposes of Proposition 58, ‘children’ are defined as: Any child born of the parent(s). Any stepchild of […]

According to the California Association of Realtors, no seller can require the buyer purchase title insurance from any particular company. This rule pertains to transactions involving […]

Will the Supplemental Tax Be Pro-rated? The supplemental tax goes into effect on the first day of the month following the month in which the change […]

Can the Supplemental Tax Bill Be Paid in Installments? All supplemental taxes on the secured roll are payable in two equal installments. The taxes are due […]

When and How Will the Homeowner Be Billed? When the property is appraised during the lending process, the homeowner will be advised of their supplemental assessment […]

Will the Supplemental Taxes Be Pro-rated in Escrow? No: supplemental tax is a one-time tax and is in effect from the date when the buyer takes […]

How Is The Amount of the Bill Determined? The tax bill is determined by a specific formula. This tax is based on the difference in assessed […]