Reappraisal Exclusion for Seniors

Reappraisal Exclusion for Seniors

Senior citizens 55 years or older may transfer their property's taxable value when they sell their principal residence. This is a one-time opportunity that transfers the assessment value from the original principal residence to the new one (if of equal or lesser value). Both residences must be in Plumas County, and a claim must be filed in a timely fashion.