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PRELIMINARY CHANGE OF OWNERSHIP REPORT To be completed by transferee (buyer) prior to transfer of subject property in accordance with section 480.3 of the Revenue and Taxation Code. A Preliminary

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What is preliminary change of ownership?

Preliminary change of ownership refers to the process of reporting a change in property ownership before the official transfer of title.

Who is required to file preliminary change of ownership?

The new property owner or transferee is required to file the preliminary change of ownership form.

How to fill out preliminary change of ownership?

The preliminary change of ownership form can be filled out online or by mail, providing details of the property transfer and any relevant documentation.

What is the purpose of preliminary change of ownership?

The purpose of preliminary change of ownership is to ensure transparency in property transactions and assess any potential changes in property tax liabilities.

What information must be reported on preliminary change of ownership?

The preliminary change of ownership form typically requires details such as the property address, transferor and transferee information, purchase price, and transfer date.

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