Commercial Loan Corporation is California’s premier lender for Proposition 19 Trust Loans. We specialize in providing trust loans to clients who are inheriting a family home and would like to keep a parents low property tax base but do not … Continue reading
California Proposition 19 allows transfers of a family home or family farm between parents and their children without causing a change in ownership for property tax purposes. It is an exclusion from change in ownership. Allows transferee to retain the … Continue reading
Equalization Loan A property that is a candidate for the parent to child exclusion under Proposition 19 will almost always be held in a trust or an estate. If there is only one beneficiary or all of the child beneficiaries … Continue reading
California Proposition 19 and Keeping a Parents Low Property Tax Base on an Inherited Home Did you know that in the State of California you can keep a parent’s low Prop 13 protected property tax base on an inherited … Continue reading
Please complete the following form for an estimate on how much you might be able to save in property taxes by taking advantage of Proposition 19 and avoiding reassessment on an inherited home.
When California Proposition 19 went into effect on April 1st, 2021, it replaced Proposition 58. California Proposition 58 previously controlled how a person inheriting a home from a parent could avoid property tax reassessment. Under the newly passed Proposition 19, … Continue reading
Commercial Loan Corporation Now Offers Free Proposition 19 Continuing Legal Education Online for Licensed California Attorneys Commercial Loan Corporation offers a 1 hour presentation on the use of Parent to Child Property Tax Transfers under Proposition 19, 58 and 193. … Continue reading
California Proposition 19 So what is California Proposition 19? Proposition 19 also known as the Home Protection for Seniors, Severely Disabled, Families and Victims of Wildfire or Natural Disasters Act, or Prop 19 for short is an amendment to the … Continue reading
On March 7th, 2022, Tanis Alonso-Kluever will be providing a Continuing Legal Education presentation for the Orange County Bar Elder Law & Special Needs Section. Tanis is a Senior Account Executive at Commercial Loan Corporation and specializes in lending to … Continue reading
The President of Commercial Loan Corporation, Mr. Kerry Smith was recently published in the Orange County Register regarding California Proposition 19 and the impact made on California residents. In the article, Mr. Smith compares the new Prop 19 property tax … Continue reading