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Decline in Value
Proposition 13 caps the growth of a property’s assessed value at no more than two percent a year. How can the assessed value of my property increase by more than two percent?
How do I get a Decline-in-Value assessment?
Do properties other than single family residences qualify?
What is a comparable sale?
Where can I find comparable sales information?
I filed my Decline-in-Value Application by November 30. When and how will I know if my value will be reduced?
If my assessed value is reduced, how long will it last?

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