The 1031 Exchange Blog

Guide to Propositions 58 & 93

Reassessment Exclusion for Real Property Transfers:

  • Between parent and child

  • From grandparent to grandchild

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These constitutional initiatives provide property tax relief for real property transfers between parents and children and from grandparents to grandchildren. Collectively, they make it easier to keep property “in the family.”

In general, Proposition 58 states that real property transfers, from parent to child or child to parent, may be excluded from reassessment. Proposition 193 expands this tax relief to include transfers from grandparent(s) to grandchild(ren). In both cases, a claim must be filed within three years of the date of transfer to receive the full benefit of the exclusion.

For expanded definitions of Prop. 58 & 193, see Revenue and Taxation (R & T) Code Section 63.1. It is available online at

Click on the link below to view the Printable Guide for:

  • Propositions 58 & 193

  • Parent-Child-Grandchild Exclusions

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