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What if the market value of my replacement property actually turns out to be less than the factored Prop. 13 value of my original property?

actually Factored market original Prop Property replacement turns value
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What if the market value of my replacement property actually turns out to be less than the factored Prop. 13 value of my original property?

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In that case, the Assessor would simply enroll the lower value.

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In that case, the Assessor would simply enroll the lower value (Ref. R&T 69[b][3]). General Informati…

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