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Tax Breaks for Fire Victims in Sonoma and Napa County

Napa County Assessor’s Post

CALAMITY REASSESSMENT AND PROPERTY TAX DEFERRAL
http://www.countyofnapa.org/Pages/DepartmentContent.aspx?id=4294980640

Property owners impacted by the 2017 Napa Fire Complex are eligible for a temporary reduction of their Proposition 13 base year value and deferral of the first installment of their 2017-2018 property tax bill. Click here to read the article.
Calamity reassessment relief and deferral of the first installment of property taxes (unless paid by your mortgage company) are available by filing an application. Click here for the application.
The application can be filed electronically with a digital signature. Click here to learn how to create a digital signature.
No further action is needed on your part unless we contact you for more information.
Questions or comments? Contact Napa County Assessor John Tuteur 707-253-4459 john.tuteur@countyofnapa.org

Sonoma County Assessor’s Post

Calamity Provision –  Overview

If a calamity such as fire, flood or earthquake damages or destroys your property, you can apply for reassessment on the improvement values

http://sonomacounty.ca.gov/CRA/Assessor/Real-Property/Tax-Savings/Calamity-Provision/

About the Calamity Provision

California’s property tax laws allow the Assessor to adjust assessed values after destruction of real or personal property caused by a calamity or misfortune.

The property must have suffered more than $10,000 worth of damage and the owner must file a claim form with the Assessor within 12 months of the date of the calamity.

Calamities do not include damage that occurs over time such as termite damage, gradual earth movements or vineyard diseases such as phylloxera.

There are slightly different rules that apply depending on whether the damage is caused by a widespread event that results in a Governor’s proclamation of disaster or by a specific misfortune such as flood, fire or landslide.
[Revenue & Taxation Code section 69.4]

Visit the State Board of Equalization for more information

Requirements

To be eligible for this tax relief:

  1. The application must be submitted by the person who was owner of the damaged property on the lien date (January 1) and who will be liable for the property taxes for the next fiscal year.
  2. The damage must have occurred due to misfortune or calamity without fault of the owner.
  3. You must apply within 12 months of the date on which the disaster occurred or within 60 days following the date an application form is mailed to you from the Assessor’s Office.
  4. The damage to your property must exceed $10,000 in value loss.
Written by Central Coast Lending - Go to Central Coast Lending's Website/Profile
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