Homestead Act Example In San Jose
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Declared Homestead. Currently, the California homestead exemption is automatic, meaning that a homestead declaration does not need to be filed with the county clerk. Under the new 2021 law, $300,000–$600,000 of a home's equity cannot be touched by judgment creditors.
The California Constitution provides a $7,000 reduction in the taxable value for a qualifying owner-occupied home.
As of January 1, 2024, the new minimum homestead exemption is $349,720 and the new maximum is $699,426. For Riverside County, the 2024 homestead exemption is $612,000. For San Bernardino County, the 2024 homestead exemption is $475,000.
You can file a declared homestead by taking these steps: Buy a declared homestead form from an office-supply store, or download a form from the Registrar-Recorder's website. Fill out the form. Sign the form and have it notarized.
TO RECEIVE A CLAIM FORM: Homeowners can call the Assessor's Exemption Unit at (408) 299-6460 or e-mail the Assessor's Office at Exemptions@asr.sccgov . When contacting or e-mailing the Assessor's Office please provide the property address and assessor's parcel number.
