In light of the recent flooding, County Assessor Dan Schlueter is reminding Lassen County residents that, per Revenue and Taxation Code section 170, if a major calamity such as flooding damages or destroys your property, you may be eligible for property tax relief.
In such cases, according to Schlueter, the county assessor will immediately reappraise the property to reflect its damaged condition.
“In addition,” explains Schlueter, “when it is rebuilt in a like or similar manner, the property will retain its prior value (Proposition 13) for tax purposes.”
To qualify for property tax relief, you must file a claim with the assessor within the time specified in your county ordinance, or 12 months from the date of damage or destruction, whichever is later.
The loss estimate must be at least $10,000 of current market value to qualify the property for this relief. The property will be reassessed according to its damaged state and property taxes will be adjusted accordingly.
For more information, or to request a disaster relief form, visit the Assessor’s office at the old court house located at 220 S. Lassen Street, call 251-8241 or click here to log on to the Lassen County Website.