(562) 432-1001 receptionist@mageeadler.com
(562) 432-1001 receptionist@mageeadler.com

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assessed value
The passage of Proposition 13 in 1978 established an initial base year, 1975-76, for assessed valuation for California real property that had not undergone a change in ownership since February 1975. Under Proposition 13, property taxes are limited to one percent of the assessed value of the property. Additional property taxes may be approved for...
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