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Assessment
After my property is rebuilt or repaired, will my property taxes be increased?
  Yes, but only to the level they were before the damage occurred. This is true if the improvements are rebuilt in a like or similar manner, regardless of the actual cost of the rebuilding. You DO NOT lose your Proposition 13 benefits. However, if additional living space or other significant improvements are made in addition to the repair, additional taxes may result.
 
  Posted by Website, Monday, December 03, 2007

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