Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2017
Property Tax Annotations
200.0000 BASE YEAR VALUE TRANSFER
(a) BASE YEAR VALUE TRANSFER – PRINCIPAL RESIDENCE
200.0099 Replacement Dwelling's New Base Year Value. As used in Revenue and Taxation Code section 69.5(g)(6), ". . . and after the purchase or the completion of new construction" means that the full cash value of the replacement dwelling is the full cash value determined immediately after the purchase of the replacement dwelling. C 3/15/1994.