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Property Owners in the Fire Damage Areas: Misfortune & Calamity (M&C) program
January 13, 2025Under California law, if your property, your home or business, has been damaged or destroyed by fire, you may qualify for property tax relief under the Misfortune & Calamity (M&C) program.
Here are the key details to the M&C tax relief program:- To qualify, the damage must exceed $10,000, and a claim form must be filed with our office within 12 months of the damage.
- Once filed, we will investigate and verify the claim, determine the cost to cure, and reduce the assessed value effective the date the damage occurred. This reduction remains in place until the property is repaired, rebuilt, or undergoes a change in ownership.
The filing of this claim also facilitates coordination with the Treasurer and Tax Collector, allowing taxpayers who pay property taxes directly, not through an impound account with a mortgage lender, to defer their current year property taxes without incurring penalties.