Prop 13

[robert881234]

My grandfather recently passed, and he left his house to my uncle and dad via a trust. I am in process of purchasing the house and I am wondering if I can transfer the prop 13 property taxes with it. Also, I live in California.

 

[HomeGuru]

My grandfather recently passed, and he left his house to my uncle and dad via a trust. I am in process of purchasing the house and I am wondering if I can transfer the prop 13 property taxes with it. Also, I live in California.

**A: what are you asking? You need to pay the taxes as part of the transfer.

 

[Zigner]

My grandfather recently passed, and he left his house to my uncle and dad via a trust. I am in process of purchasing the house and I am wondering if I can transfer the prop 13 property taxes with it. Also, I live in California.

What county do you live in?

 

[Zigner]

**A: what are you asking? You need to pay the taxes as part of the transfer.

The OP wishes to maintain the lower valuation for property-tax purposes, per Prop 13 (it's a California thing )

 

[Zigner]

This is from the Sacramento County website, but applies to the whole state:


Proposition 193, effective March 27, 1996, was a constitutional amendment approved by the voters of California which excluded from reassessment transfers of real property from grandparents to grandchildren, providing that all the parents of the grandchildren who qualify as children of the grandparents are deceased as of the date of transfer. Proposition 193 is also codified by section 63.1 of the Revenue and Taxation Code.



(http://www.assessor.saccounty.net/GeneralInformation/ChangesinOwnership/SAC_ASR_DF_CIO_Excl_Avoid_Reas)

 

[tranquility]

Not for the part purchased from uncle.

(I agree with the law supplied by Zigner. But, OP is not receiving directly from grandparent.)