| Property
Taken By Government Action - Eminent Domain (Prop. 3)
Prop. 3 was a constitutional amendment approved by
the voters of California in 1982. It is codified in
Section 68 of the Revenue & Taxation Code, and allows
property owners to transfer the Prop. 13 factored base
year value of real property taken by government action
to a comparable replacement property located anywhere
in California, if certain qualifying conditions are
met. Value limits and other requirements apply. Proof
of displacement and supporting documentation are required.
For more information, or if you are not certain
about the information you are looking for, call the
Santa Clara County Assessor’s Office @ 408-299-5500.
Contact
us for more info on Santa Clara County Proposition 3
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