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#L-83l jd552 12118/87 Memorandum 88-4 Subject: Study 1-831 Recording of Personal Property Affidavit in Office of Recorder An attorney in Orange County has brought to our attention a gap in the provisions
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Recording of personal property is the act of documenting ownership of tangible assets such as vehicles, equipment, and machinery.
Individuals, businesses, and organizations who own tangible assets are required to file recording of personal property.
Recording of personal property can be filled out by providing details about the owner(s), description of the property, and any applicable values.
The purpose of recording personal property is to establish ownership, for tax assessment, and to protect against theft or loss.
Information such as the owner's name, description of the property, date of acquisition, and value must be reported on recording of personal property.
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