A: Yes, all properties in California are subject to Prop 13! Prop 13 provides 3 very important functions in property tax assessments in California:
1. All real property must have an established base year value
2. All real property has a restricted rate of increase on assessments of no greater than 2% each year
3. All real property has a limit on property taxes of 1% of the assessed value (plus additional voter-approved taxes).
