prop60: Proposition 60 " The Information You Want To Know
- 09/05/07 06:40 PM
On Nov, 4, 1986, the voters of California passed Proposition 60 to provide to qualified homeowners the tranfer of the base-year value of their principal residence to a replacement dwelling located in the same county, under certain circumstances. If you or your spouse that reside with you are age 55 or older, you may buy or construct a new home of equal or lesser value than your existing home and transfer the temded base value your new property. This is a one time only benefit. You must buy or complete constructionof your replacement home within two year of the sale of your original … (1 comments)
On Nov, 4, 1986, the voters of California passed Proposition 60 to provide to qualified homeowners the tranfer of the base-year value of their principal residence to a replacement dwelling located in the same county, under certain circumstances.;)
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