Form BOE-19-V Claim for Transfer of Base Year Value to Replacement Primary Residence for Victims of Wildfire or Other Natural Disaster - Sample - California

What Is Form BOE-19-V?

This is a legal form that was released by the California State Board of Equalization - a government authority operating within California. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form BOE-19-V?
A: Form BOE-19-V is a claim form for transferring base year value to a replacement primary residence for victims of wildfire or other natural disaster in California.

Q: Who can use Form BOE-19-V?
A: Form BOE-19-V can be used by individuals who were affected by wildfire or other natural disaster in California and need to transfer their base year value to a replacement primary residence.

Q: What is base year value?
A: Base year value is the taxable value of a property established at the time of acquisition or construction, which is used to determine property tax.

Q: What is a replacement primary residence?
A: A replacement primary residence refers to a new property purchased or newly constructed to replace a previous primary residence that was damaged or destroyed due to a wildfire or other natural disaster.

Q: What is the purpose of transferring base year value?
A: Transferring base year value allows homeowners to retain their lower property tax assessment level on their replacement primary residence, rather than having it reassessed at the current market value.

Q: What information is required on Form BOE-19-V?
A: Form BOE-19-V requires detailed information about the taxpayer, the damaged or destroyed property, and the replacement primary residence.

Q: Is there a deadline for submitting Form BOE-19-V?
A: Yes, there is a deadline for submitting Form BOE-19-V. It must be filed within 12 months of the date the replacement property was purchased or newly constructed.