Calif. Government Code §§16180–16186, 16182, 16210
Calif. Revenue and Taxation Code §§2514, 20503, 20505, 20583, 20585, 20586, 20640.2, 20639, 20639.13
Amended by S.B. 1130
Effective date: July 1, 2019
The Senior Citizens Mobilehome Property Tax Postponement Law is repealed and replaced by the Senior Citizens Manufactured Home Property Tax Postponement Law, which establishes procedures for senior and disabled mobilehome owners to postpone property tax payments.
To qualify, homeowners need to:
- be at least 62 years of age, or blind or disabled;
- own and occupy the property as their primary place of residence;
- have a total household income of $35,000 or less;
- have at least 40% equity in the property; and
- not have a reverse mortgage on the property.
Eligible mobilehome owners may defer payment of their property taxes by requesting the State Controller pay the deferred amount to the county, to be repaid by the owner with interest. The deferred amount is secured by a lien in favor of the state when the claimant is the owner, or a security agreement when the claimant is not the owner.
The amount is due with interest upon the property’s sale, transfer of title or when the homeowner dies or moves.
When the claimant is not the owner of the mobilehome, the form and contents of the security agreement will include:
- the names of all registered owners of the mobilehome;
- a description of the mobilehome; and
- the identification number of the security agreement assigned by the Controller.
What a ruse. This is a temporary postponement on taxes. The end result is now California gets their pound of flesh, Plus Interest!