A retrospective change in ownership exclusion is enacted for California property tax purposes. The exclusion applies to a transfer of real property between local registered domestic partners occurring between January 1, 2000 and June 26, 2015.
To be eligible for a reassessment reversal, the property owner must have been in a registered domestic partnership established by a:
– city and county; or
– special district.
The registrants must have been:
– of the same sex at the time of registration, and
– not married or in a registered domestic partnership with any other person at the time of transfer.
To receive a reversal of the reassessment for such a transfer, a property owner must file a claim form with the assessor by June 30, 2022. The claimant must provide documentation that:
– names the transferee and transferor as local registered domestic partners; and
– reflects the creation of the local registered domestic partnership on a date prior to or concurrent with the date of the transfer for which a reassessment reversal is requested.
The county may charge a fee, in an amount that does not exceed the actual costs incurred, to recoup its costs related to:
– processing the application; and
– reversing the prior reassessment.
Effective Date of Reversal
The reassessment reversal granted pursuant to a claim applies commencing with the lien date of the assessment year in which the claim is filed.
Ch. 919 (A.B. 2663), Laws 2018, effective September 29, 2018