No. This is not a change of ownership requiring a reappraisal under the present law; however, you may need to apply for the proposition 58 exclusion. The creation of a Joint Tenancy is not generally considered a Change in Ownership.
No. This is not a change of ownership requiring a reappraisal under the present law; however, you may need to apply for the proposition 58 exclusion. The creation of a Joint Tenancy is not generally considered a Change in Ownership.