Property Tax Alert: California

October 2008

Time Limitations Set for Refund Claims

If a qualifying application has been filed for a reduction in a California property tax assessment and the applicant does not state that the application is intended to constitute a claim for a refund, the applicant must request a refund within one year of the earlier of (1) the county notifying the applicant of an assessment reduction without advising the applicant to seek a refund or (2) if the time period for the county to make a final determination expires. However, if an applicant is notified of both a reduction in assessment and the right to file a claim for refund, the applicant will have six months within which to file the claim.preceding year, may also be added to a taxing district's levy amount outside the 101% limit.

Please contact Rash & Associates for more information.