10/23/2026
55 or older and staying put because you’re worried about higher property taxes? You may have more options than you think. 🏡
Under California’s Proposition 19, eligible homeowners age 55 or older may transfer their existing property tax assessed value to a replacement primary home anywhere in California.
Whether you’re considering a single-story home in Laguna Niguel, downsizing in Newport Beach, or moving closer to loved ones, here’s what to know:
✅ You must be at least 55 when your original home sells.
✅ Both properties must qualify as your primary residence.
✅ You must buy or build your replacement home within two years before or after selling.
✅ Eligible homeowners can use this benefit up to three times.
✅ You can purchase a higher-value home, although an adjustment to your transferred tax base may apply.
You’re transferring your taxable value—not a guaranteed identical tax bill. Local assessments and other charges can differ, and you must file a claim with the assessor where your replacement home is located.
Before you rule out a move, it’s worth understanding your options.
Message me “55” to talk through your Orange County moving plans and the questions to confirm with your county assessor.
Hailey Potok | The Potok Group
Coldwell Banker Realty, Newport Beach
General information only. Confirm eligibility, timing, and tax implications with your county assessor and tax adviser.
