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California Homeowners' Exemption: Are You Claiming It?

By Kristi Day, Living Trust Advisor · Published September 24, 2025 · Last reviewed October 24, 2026
Quick answer: California's Homeowners' Exemption reduces the assessed value of your primary residence by $7,000, saving most owners about $70 a year. You claim it once with Form BOE-266 at your county assessor, and it stays in place while you live there, including after the home is moved into your living trust.

California's Homeowners' Exemption reduces the taxable value of your primary residence by $7,000 — usually about $70–$100 a year in savings. To claim it, file Form BOE-266 with your county assessor. The usual deadline is February 15 for the upcoming tax year (some counties allow late filing for a partial benefit). Once approved, it renews automatically while you live in the home.

Tip: transferring your home into your living trust doesn't take away the exemption — but it's worth confirming with your assessor after any title change.

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