L O S A N G E L E S C O U N T Y A S S E S S O R
J E F F P R A N G
A S S E S S O R . L A C O U N T Y . G O V / D I S A S T E R
L O S A N G E L E S C O U N T Y A S S E S S O R JEFF PRANG A S S E S S O R . L A C O U N T Y . G O V / D I S A S T E R Temporarily reduces the assessed value of a property
that was damaged or destroyed by misfortune or
calamity (earthquakes, floods, fires, and other natural disasters)
The damage must be at least $10,000 or more,
Submit form (ADS-820) within 12 months from the
date the damage occured.
MISFORTUNE & CALAMITY (M&C) TAX RELIEF
L O S A N G E L E S C O U N T Y A S S E S S O R JEFF PRANG Gives temporary tax relief for properties where the Current Market Value is less than the Current Assessed Value
Assesses worth as of January 1 of current year
Filing Period: July 2 - November 30
Annually reviewed
Factors considered:
Actual Damage
Proximity to disaster
DECLINE-IN-VALUE/PROPOSITION 8
A S S E S S O R . L A C O U N T Y . G O V / D I S A S T E R
L O S A N G E L E S C O U N T Y A S S E S S O R JEFF PRANG Mail: Send your completed form to the Assessor’s Office at:
500 W Temple Street, MCU Room 286
Los Angeles, CA, 90012-2770
HOW TO APPLY FOR DISASTER RELIEF
A S S E S S O R . L A C O U N T Y . G O V / D I S A S T E R Email: Email a photo of your completed
form and supporting documents to:
[email protected]
Online: Submit your application
through our website at:
www.assessor.lacounty.gov/disaster
L O S A N G E L E S C O U N T Y A S S E S S O R JEFF PRANG A S S E S S O R . L A C O U N T Y . G O V / D I S A S T E R 110% vs. 120% vs. SUBSTANTIALLY EQUIVALENCE
110% Expedited rebuild permit review
Only if new structure does not exceed 110% of the size and height of the original home.
Mandated by the Governor
M&C - 120% Rule for Governor Declared Disaster Areas
If value of the rebuilt property is within 120% of the property’s pre-damage value, it will not be re-assessed and property taxes will not go up.
M&C- Substantial Equivalence
Allows property owners to retain their pre-damage tax base if the rebuilt structure is the “Substantial Equivalent” of the home or other structure that was damaged or destroyed.
Example: 1,200 foot 3 bed, 2 bath destroyed in fire -> rebuilt to a 1,200 foot, three bed 2 bath, property taxes should not increase.
UPDATING OWNERSHIP RECORDS
L O S A N G E L E S C O U N T Y A S S E S S O R JEFF PRANG A S S E S S O R . L A C O U N T Y . G O V / D I S A S T E R
L O S A N G E L E S C O U N T Y A S S E S S O R JEFF PRANG A S S E S S O R . L A C O U N T Y . G O V
ASSESSOR’S E-SERVICE ACCOUNT
The Homeowner Alert (e-Notification), in collaboration with the County Registrar-Recorder/County Clerk and the County
Department of Consumer Business Affairs, sends e-mail alerts within 48 hours whenever a foreclosure, transfer of title, or mortgage is recorded on your property.
The e-File service now allows property owners to file the following forms electronically:
Change of Mailing Address Request
Homeowners Exemption
Misfortune & Calamity Claim Form
assessor.lacounty.gov/contact/calamity-disaster
Sign Up for
Homeowner Alert: E-File Instructions:
A S S E S S O R . L A C O U N T Y . G O V
PASADENA COMMUNITY
MEETING
For more information, call 626-744-7300
TUESDAY, MARCH 18
5:30 PM - 6:30 PM
Jackie Robinson Community Center
1020 N. Fair Oaks Ave., Pasadena,
CA 91103
A S S E S S O R . L A C O U N T Y . G O V
ASSESSOR’S DISASTER
RELIEF RESOURCE FAIR
Saturday, March 22 from 9 am - 12 pm
Duarte Community Center
1600 Huntington Dr., Duarte, CA 91010
Register online at
Assessor.LACounty.gov/events
Local Assistance and Disaster Recovery Centers
Open to the Public: opened 6 days a week (Mon-Sat), 9:00 AM to 7:00 PM West Center: 10850 West Pico Blvd, Los Angeles, CA, 90064 East Center: 560 W Woodbury Road, Altadena, CA, 91001
(213) 974-3101 @LACASSESSOR NEWSLETTER
ASSESSOR.LACOUNTY.GOV/DISASTER
L O S A N G E L E S C O U N T Y A S S E S S O R
JEFF PRANG