Effective January 1, 2021, the timeframe during which a property owner may transfer accrued save-our-homes benefits from a prior homestead to a new homestead has been increased from two to three years.

This law change is the result of the voters’ approval of Constitutional Amendment 5 in the November 3, 2020, general election.

Ask me about Real Estate and the benefits of homeownership.

 

This content is not the product of the National Association of REALTORS®, and may not reflect NAR's viewpoint or position on these topics and NAR does not verify the accuracy of the content.