Parent to Child Exclusion (Proposition 58) / Grandparent to Grandchild Exclusion (Proposition 193)

Parent to Child Exclusion (Prop 58) / Grandparent to Grandchild Exclusion (Prop 193)

The transfer of the principal place of residence and /or the first $1,000,000 of other real property between parents and their children can be excluded from reassessment if a proper application is filed. This can also apply for grandparent to grandchild transfers provided that all of the parents of the grandchild are deceased as of the date of the purchase or transfer.

FAQs

Property Tax Savings: Prop 19 Intergenerational Transfers

Will I be eligible if the value of the family home is more than $1 million?

Yes, you may be granted up to a $1 million exclusion. The amount exceeding the value limit is added to the factored base year value.

Does a non-principal residence qualify for this exclusion?

No, the property must have been the transferor’s principal residence as of the date of transfer/death. In addition, the transferee must continue to occupy the residence after the transfer and claim the homeowners’ or disabled veteran exemption within one year from the date of transfer in order to qualify. Note: the exclusion will be removed if the transferee ceases to occupy the home as their principal residence.

How can I file for the Intergenerational Exclusion?

You can file the BOE-19P (Parent to Child) or BOE-19G (Grandparent to Grandchild) with our office in-person, by mail or email.

Mailing address:
Attention: Exclusions Unit
222 W. Hospitality Lane, 4th Floor
San Bernardino, CA 92415-0311

How do I get more information about Prop 19 Intergenerational Transfers?

For more information or additional assistance, please email our office. We also encourage you to visit the Board of Equalization (BOE) website at boe.ca.gov for the most up to date information regarding Proposition 19.

What date did Proposition 19 go into effect?

Prop. 19 for intergenerational transfers (parent/child/grandparent/grandchild) went into effect February 16, 2021. It allows the transfer of a principal residence between parent, child, grandparent, or grandchild to be excluded from reassessment, limited to the first $1 million of value.

Form Name:	Source:
Claim for Reassessment Exclusion for Transfer Between Parent and Child	BOE-58-AH
Claim for Reassessment Exclusion for Transfer from Grandparent to Grandchild	BOE-58-G
Reassessment Exclusion For Transfer of Corporation Stock From Parent To Child	BOE-62-R

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