Do my property taxes automatically get reassessed to adjust for the loss of improvements? Will they be reassessed at market value once Ive completed the re-build?
You must complete an application form (available from your project manager) and return it to the Santa Barbara County Clerk, Recorder, Assessors office (see contact information below) to have your property reassessed at a lower value during your re-build. You can also apply at that time to have your upcoming property tax payment deferred to a later date.
Related Questions
- Do my property taxes automatically get reassessed to adjust for the loss of improvements? Will they be reassessed at market value once Ive completed the re-build?
- Does the house get reassessed at todays market value after title has been transferred?
- Do home improvements automatically increase the value of the property?