Prop 60 CA - sale of primary residence

Hopefultore

Confused about dryer sheets
Joined
Feb 4, 2019
Messages
2
Location
LA
I turn 55 years old on Sept. 14 2020. I would like to use the prop 60 transfer of tax base. What constitutes the sale date of a property? Is it confirmation of acceptance, opening of escrow , close of escrow or something other than stated? I am asking to find out if I can list before my birthday find a buyer then move into escrow with the closing date set for after my birthday. Or to be safe should I wait till after my birthday to proceed with the start of process of the sale of my home as to not lose the opportunity given by prop 60?

Thank yo for your insight
 
Date of recordation, unless the deed or the change in ownership statement says the transfer occurred prior to that date. Deeds and the PCOR/COS are what the assessor reviews.

Prop 60 only applies inside the same county. If you move to another county, it has to be a county that accepts base year value transfers (Prop 90).
 
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