Prop 19 - Explained in Plain English

If you’ve lived in your home for many years, one of the biggest questions when considering a move is this:

“What happens to my property taxes if I buy something new?”

In California, Proposition 19 may provide significant relief — but it’s often misunderstood. Let’s break it down in simple terms.

The Big Idea

Proposition 19 allows certain homeowners to transfer their existing property tax base to a new primary residence.

In other words, if you qualify, you may be able to keep your current (often much lower) property tax rate when you move.

For long-time homeowners, that can make downsizing financially realistic.

Who May Qualify?

You may qualify to transfer your tax base if you are:

• 55 or older

• Severely disabled

• A victim of a natural disaster

(There are specific requirements, so always confirm with your county assessor or tax professional.)

What Does “Transfer” Actually Mean?

If approved, your current property tax assessment can move with you to your next primary residence — even if the new home costs more than your current one (with adjustments if the price is higher).

That’s a major shift from the old rules, which limited transfers to equal or lesser value homes in certain counties.

Now, eligible homeowners can:

• Move anywhere in California

• Purchase a home of greater value (with calculation adjustments)

• Transfer their tax base up to three times

Why This Matters

For many long-time homeowners, property taxes are dramatically lower than current market rates.

Without Prop 19, purchasing a new home could mean a substantial increase in annual property taxes.

With Prop 19, downsizing — or even relocating — may become far more financially manageable.

Important Considerations

Proposition 19 is powerful, but it isn’t automatic.

• The new home must become your primary residence

• There are filing deadlines

• The calculations can vary if the new property costs more than the old one

Because every situation is different, it’s important to review your specific numbers before making a decision.

What Prop 19 Is Not

It does not eliminate property taxes.
It does not automatically apply.
And it does not replace the need for thoughtful planning.

It’s simply a tool — one that can support a well-planned transition.

Planning Before You Move

If downsizing has crossed your mind, understanding how Proposition 19 applies to you is one of the smartest early steps you can take.

When we review your home’s value and potential next purchase together, we can estimate how your tax base transfer may look — and coordinate with your tax professional if needed.

Clarity first. Decisions second.

Because moving forward should feel strategic, not uncertain.