Known as Eminent Domain-Proposition 3
If a government agency acquires your property, you may have the right to retain its existing value and transfer it to a replacement property. Both properties must be comparable.
Deadline
An application form must be filed with the Assessor within four years of the date the government agency acquired the property.
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BOE-68, Claim for Base Year Value Transfer Acquisition by Public Entity | BOE-68, Claim for Base Year Value Transfer Acquisition by Public Entity |