Senior Citizen Programs
Prop 60 – Prop 90 - Transfer of Base Year Value
The provisions of Revenue and Taxation Code Section 69.5 (Proposition 60) allow taxpayers at least 55 years of age to purchase a new residence of equal or lesser value than their former residence in Ventura County and transfer the assessed value (not taxes) of their former residence to the new residence. The original and the replacement properties may be in Ventura County or the original can be from another county. Some restrictions apply; see Important Information about Propositions 60 & 90 for more information. If you qualify, you may complete the Claim of Person(s) at Least 55 Years of Age for Transfer of Base Year Value to Replacement Dwelling (Prop 60/90) form.
If you would like additional information regarding this subject, you may submit your question to our public service staff by using our Public Inquiry Form
Note: Effective October 19, 2004, a Reassessment Exclusion Claim Deferred Filing Fee of $185 per parcel will be charged for each claim when such a claim is filed more than 90 days after the date the claim-affected property transfer deed is recorded. The fee is a processing fee and will not be waived if the claim is denied. No fee is charged for claims filed on or before this 90-day period. YOUR CLAIM WILL NOT BE PROCESSED IF YOU DO NOT INCLUDE THE DEFERRED FILING FEE WHEN APPLICABLE.
Parent to Child Exclusion and Grandparent to Grandchild Exclusion
The transfer of the principal place of residence between parents and children or grandparent to grandchild (and the transfer of up to $1 million of any other real property between parents and children and grand parents and grandchild) is excluded from reappraisal if an application is filed timely. Transfers between grandparents and grandchildren may also qualify for this exemption when both parents of the eligible grandchildren are deceased.
For more information see the Ownership Transfers within the Family section of our web site.
Homeowner Assistance Program
Offered by the State Franchise Tax Board, this program provides a cash reimbursement to pay for property taxes. To be eligible, you must be either blind, disabled, or 62 years of age or older, and have a total household income of $40,811 or less. This program does not result in a lien being placed on your property. The filing period for this program is from July 1 through October 15. Contact the State Franchise Tax Board at (800) 852-5711 or visit their web site at Homeowner and Renter Assistance
Property Tax Postponement
If you are blind, disabled, or 62 years of age or older and you have an annual income of $24,000 or less you may have the option of having the State pay all or part of the property taxes on your home or manufactured home. This deferred payment is a lien on the property and becomes due upon sale, change of residence, or death. The filing period for property tax postponement is between May 15 and December 10. For more information and an application, call the State Controller’s office at (800) 952-5661 or visit their State Controller's Web site.
