Proposition 58, effective November 6, 1986, is a constitutional amendment approved by the voters of California which excludes from property tax reassessment transfers of real property between parents and children. There are eligibility requirements and guidelines that must be met to insure your property qualifies for this reassessment exclusion. In order to qualify for the exclusion a Proposition 58 form known as a “Claim for Reassessment Exclusion for Transfer Between Parent and Child” must be filed with the County Assessor’s office within 3 years from the date of transfer or within 6 months after notification by the Assessor. The form must be submitted to the Assessor along with a copy of the decedent’s certificate of death.