Kern County Municipal Code Ch. 4.22 Transfer of Assessed Home Value

Any person over the age of fifty-five (55) who resides in property which is eligible for the homeowner's exemption under Subdivision (k) of Section 3 of Article XIII of the California Constitution, and any implementing legislation, may transfer the base year value of the property entitled to exemption with the adjustments authorized by Subdivision (b) of Section 2 of Article XIII A, to any replacement dwelling of equal or lesser value located within Kern County and purchased or newly constructed by that person as his or her principal residence within two (2) years of the sale of the original property located without Kern County pursuant to Section 2 of Article XIII A of the California Constitution (Proposition 90) as amended, and implementing legislation. This section shall apply to any replacement dwelling which was purchased or newly constructed on or after the effective date of the ordinance codified in this chapter.

(Ord. G-4917 § 2 (part), 1989)

For purposes of Section 4.22.010:

A. The term "any person over the age of fifty-five (55) years" includes a married couple one (1) member of which is over the age of fifty-five (55) years.

B. The term "replacement dwelling" means a building, structure, or other shelter constituting a place of abode, whether real property or personal property, and any land on which it may be situated.

C. The term "two-dwelling unit" shall be considered as two (2) separate, single-family dwellings.

(Ord. G-4917 § 3 (part), 1989)