Decline in Value Application

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Click on the Instructions button across the form name to determine the form’s purpose and if it needs only one signature or multiple signatures.

How to File

Instructions for ONE SIGNATURE forms:
a. In the list below, click on the eForm button across the form name to begin eFiling.
b. Fill in all applicable fields on the input form. Required fields are highlighted in yellow.
c. Click “Continue” to proceed to the eForm and enter additional information. Note that the eForm looks like the paper form.
d. Fill in all applicable fields on the eForm including the eSignature field. Required fields are highlighted in yellow.
e. Click “Continue” to proceed to the Attachments page.
f. Upload any attachments. Valid attachment types are as follows: xls|xlsx|doc|docx|txt|pdf |
g. Click “Continue” to complete the filing.
h.Filing is complete. Download completed form for your records.
Instructions for forms with MORE THAN ONE SIGNATURE, or for paper submissions:
a. In the list below, click on the Download button across the form name to obtain a blank fillable form.
b. Fill in the required information in the form.
c. Print the form and have it signed in ink by all parties required.
Option: Submission via Postal Mail:
a. Enclose the filled-in and signed form in a sealed envelope
b. Mail to the address indicated on the form.
Option: Submission via the Submit button:
a. Scan the filled-in signed form into a pdf format document.
b. In the list below, click on the Submit button across the form name.
c. Fill in all applicable fields on the input form. Required fields are highlighted in yellow.
d. Click “Continue” to proceed to the Web Form. Note that the web form looks like a list of input fields.
e. Fill in all applicable fields on the Web Form. Required fields are highlighted in yellow.
f. Click “Continue” to proceed to the Attachments page.
g. Upload the scanned form and any attachments. Valid attachment types are as follows: xls|xlsx|doc|docx|txt|pdf
h. Click “Continue” to complete the filing.
i. Filing is complete. Download completed form for your records.

Property Value Reduction: A temporary reduced value, or "decline-in-value" assessment (also called "Prop 8"), occurs when the current market value of your property is less than the assessed value as of January 1. The Assessor reviews thousands of properties each year to ensure that fair and equitable assessments are provided for Riverside County taxpayers. This review encompasses all properties that received a decline in value reassessment last year and applies to the assessed value as of January 1, 2023, for Fiscal Year 2023-24.

If your property does not meet the review criteria above and you believe the value should be lowered, you may file a Decline-in-Value Reassessment Application (Prop. 8). The filing deadline for a Decline-in Value Application is November 1, 2023. There is no guarantee your value will be reduced prior to the first installment date and your taxes should be paid as-is on time regardless of any possible future reduction. For more information, please click here, or find the application under E-Forms on this site.

Form	Name	Instructions	eForm	Download	Submit
ACR-755	Decline-in-Value Reassessment Application (Prop. 8)	Instructions Instructions Must file one application per PIN. Purpose: Decline-in-Value Reassessment Application (Prop. 8) Description: Proposition 8 allows a temporary reduction in a property’s assessed value when it has suffered a decline in value Property Owners: Forms can be submitted via eform or printed and sent via postal mail to the address on the form. If there are multiple owners, only one signature is necessary. You will be given an opportunity to attach supporting documentation when submitting your application via eform. Agents: An Agent Authorization signed by the owner must accompany this form in order to be considered. If submitting via eform, please include the Agent Authorization as an attachment. If submitting via postal mail, please include an Agent Authorization.	eForm Online Filing	Download a blank PDF	Submit the completed PDF
ACR-755 - Agent Filing	Decline-in-Value Reassessment Application (Prop. 8) - Agent Filing	Instructions Instructions Must file one application per PIN. Purpose: Decline-in-Value Reassessment Application (Prop. 8) Description: Proposition 8 allows a temporary reduction in a property’s assessed value when it has suffered a decline in value Property Owners: Forms can be submitted via eform or printed and sent via postal mail to the address on the form. If there are multiple owners, only one signature is necessary. You will be given an opportunity to attach supporting documentation when submitting your application via eform. Agents: An Agent Authorization signed by the owner must accompany this form in order to be considered. If submitting via eform, please include the Agent Authorization as an attachment. If submitting via postal mail, please include an Agent Authorization.	eForm Online Filing	Download a blank PDF	Submit the completed PDF

Property Search (APN/PIN/Address)

To search, enter only the first 9 digits of your Assessor’s Parcel Number (APN) or Property Identification Number (PIN) or enter Property Address (street number and street name only).

General Information

Decline in Value

Instructions

Instructions