Form BOE-19-B Claim for Transfer of Base Year Value to Replacement Primary Residence for Persons at Least Age 55 Years - Santa Cruz County, California

What Is Form BOE-19-B?

This is a legal form that was released by the Assessor's Office - Santa Cruz County, California - a government authority operating within California. The form may be used strictly within Santa Cruz County. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form BOE-19-B?A: Form BOE-19-B is a claim for transfer of base year value to replacement primary residence for persons at least age 55 years.

Q: Who can use Form BOE-19-B?A: Form BOE-19-B can be used by individuals who are at least 55 years old and are selling their current primary residence to buy a new primary residence.

Q: What is the purpose of Form BOE-19-B?A: The purpose of Form BOE-19-B is to allow eligible individuals to transfer the base year value of their current primary residence to their new primary residence, which can result in significant property tax savings.

Q: What is the base year value?A: The base year value is the assessed value of a property for property tax purposes. It is typically the value at the time of purchase or acquisition, and it is used to calculate property taxes.

Q: How can Form BOE-19-B benefit individuals?A: Form BOE-19-B can benefit individuals by allowing them to keep their lower property tax base year value when they purchase a new primary residence, which can help save money on property taxes.

Q: Who should file Form BOE-19-B?A: Individuals who are eligible and want to transfer their base year value to a new primary residence in Santa Cruz County, California should file Form BOE-19-B.

Q: Are there any filing fees for Form BOE-19-B?A: There are no filing fees for submitting Form BOE-19-B.

Q: Are there any deadlines to file Form BOE-19-B?A: Yes, Form BOE-19-B must be filed within three years of the date the replacement residence is purchased or newly constructed.