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BOE502A (P1) REV. 12 (0513)PRELIMINARY CHANGE OF OWNERSHIP REPORTKaenan Whitman Toluene County AssessorRecorder 2 South Green Street Sonora, CA 95370 Phone: (209)5335535Tobecompletedbythetransferee(buyer)priortoatransferofsubjectproperty, in accordance with section 480.3 of the Revenue and TaxationCode. A Preliminary
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How to fill out preliminary change of ownership

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How to fill out the preliminary change of ownership:

01
Obtain the form: The preliminary change of ownership form is usually provided by the local tax assessor's office or can be downloaded from their website.
02
Complete the property information: Start by providing the necessary details about the property being transferred. This includes the address, assessor's parcel number, and a legal description of the property.
03
Identify the current owner: Provide the name, address, and legal entity (if applicable) of the current owner or owners of the property.
04
Identify the new owner: Enter the name, address, and legal entity (if applicable) of the new owner or owners of the property.
05
Determine the type of transfer: Indicate the type of transfer that is taking place. This could include a sale, gift, inheritance, or other types of transfer.
06
Provide the purchase price (if applicable): If the transfer involves a sale, you will need to enter the purchase price of the property.
07
Sign and date the form: Both the current owner and the new owner must sign and date the form to acknowledge the transfer.

Who needs preliminary change of ownership?

01
Individuals buying or selling property: When a property is being sold, both the buyer and the seller may need to complete a preliminary change of ownership form.
02
Inherited property: If you have inherited a property, you may need to fill out a preliminary change of ownership form to transfer the ownership into your name.
03
Adding or removing a co-owner: If there is a change in co-ownership of a property, such as adding or removing a person's name from the title, a preliminary change of ownership form may be required.
04
Transferring property as a gift: When a property is being transferred as a gift, a preliminary change of ownership form is typically needed to record the transfer.
05
Other types of property transfers: Depending on the jurisdiction, various other property transfers, such as transfers between legal entities or changes in use, may necessitate the completion of a preliminary change of ownership form. It is important to consult with the local tax assessor's office or a legal professional to determine if a form is required for your specific situation.
Overall, the preliminary change of ownership form is necessary to document and record the transfer of property from one owner to another. It ensures that the appropriate taxes and fees are assessed and allows for proper record-keeping by the relevant authorities.
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Preliminary change of ownership refers to the transfer of property from one owner to another before the official change of ownership.
The new property owner is required to file the preliminary change of ownership form.
The preliminary change of ownership form can be filled out online or submitted in person at the county assessor's office.
The purpose of preliminary change of ownership is to inform the county assessor of any changes in property ownership for tax assessment purposes.
The preliminary change of ownership form must include details about the new property owner, the property address, and the date of transfer.
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