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Prop.193- The transfer of a principal residence between grandparents and grandchildren, and the transfer of up to one million dollars ($1,000,000) of other real property between grandparents and grandchildren, is excluded from reappraisal under some circumstances. A timely Claim for Reassessment Exclusion for Transfer Between Grandparent and Grandchild must be filed to receive the exclusion. Transfers of property other than principal residences will be checked State wide for the $1,000,000 limit.
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Forms for use in 2022 will be available starting January 1st, 2022.
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