Site: nolo.com
... There are two main methods (per laws known as Proposition 13, Proposition 58, and Proposition 19). ... home's value to drop below its assessed value or purchase price, either because of conditions in the real ... The BOE acts in an oversight role to ensure compliance by county assessors with property tax laws and ... As of February 16, 2021, however (Prop 19's effective date), the property must be the transferor's principal ... To find an experienced real estate lawyer in California, check out Nolo’s Lawyer Directory. ...