Senior Citizen's Replacement Dwelling Benefit

Guide to Proposition 60 and 901

In most cases, these constitutional tax initiatives allow senior citizens to transfer the trended base value from their current home to a replacement property if certain requirements are met. This may result in substantial tax savings. This falls under Senior Citizen's Replacement Dwelling Benefit or Proposition 60 and 901.

For expanded definitions of Propositions 60 and 90, see Revenue and Taxation (R & T) Code Section 69.5. It is available online at boetaxes.ca.gov/property.

Who Qualifies for Senior Citizen's Replacement Dwelling Benefit (Proposition 60 and 90)?

If you or your spouse that resides with you are age 55 or older, you may buy or construct a new home of equal or lesser value than your existing home and transfer the trended base value to your new property.

This is a one-time only benefit. You must buy or complete construction of your replacement home within two years of the sale of the original property.

Both the original home and the new home must be your principal place of residence, and you must file your claim within three years following the purchase or construction of your replacement home.

Once you have filed and received this tax relief, neither you nor your spouse who resides with you can ever file again.

How Do I File for Proposition 60 / 90 Tax Relief?

Claim forms are available from several sources. Choose the most convenient for you.

Online: Forms are available at the Los Angeles Assessor's website: lacountyassessorcom.

Email: Send the Los Angeles Assessor an email to assessor@co.la.ca.us

Phone: Call 213.893.1239

Claim forms may also be requested by mail or in person at any of our offices listed in this brochure.

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