Prop 19 explained. Don’t worry about a property tax increase if you are over 55 and downsizing in CA.

If you are over 55 years old, downsizing or upsizing you primary home is now easier than ever. Compass’s legal counsel, Sam Kraemer explained how newly passed Proposition 19 works as follows. “The main provision of Prop 19 allows the owner of a primary residence who is 55 years of age or older to transfer […]