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Get the free Preliminary Change of Ownership Report - deeds.com

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Richard Ford County AssessorRecorderEF502AR130617170000091 BOE502A (P1) REV. 13 (0617)Lake County Courthouse 255 North Forbes Street Lake port, CA 95453 Assessor\'s Office Phone: 7072632302 Recorder\'s
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How to fill out preliminary change of ownership

01
Gather all necessary documents, such as the current vehicle registration, identification documents of all parties involved, and proof of insurance.
02
Obtain the Preliminary Change of Ownership (PCO) form from the local Department of Motor Vehicles (DMV) office or their website.
03
Fill out the PCO form accurately, providing all required information, including the vehicle details, buyer's information, and seller's information.
04
Make sure to sign the PCO form appropriately and provide any additional supporting documents as requested.
05
Submit the completed PCO form along with the required documents to the DMV office either in person or by mail.
06
Pay the applicable fees for the change of ownership.
07
Wait for the DMV to process the PCO and issue the new registration documents reflecting the change of ownership.

Who needs preliminary change of ownership?

01
Any individual or entity who is selling or buying a vehicle and intends to transfer the ownership legally should complete the preliminary change of ownership.
02
This includes private individuals, dealerships, auto leasing companies, or any party involved in a vehicle sale or purchase.
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Preliminary change of ownership refers to the initial transfer of property ownership before a full change of ownership occurs.
In California, the buyer of real property is required to file a preliminary change of ownership.
Preliminary change of ownership can be filled out by completing and submitting Form BOE-502-A, Preliminary Change of Ownership Report, to the county assessor's office.
The purpose of preliminary change of ownership is to inform the county assessor of property transfers in order to assess property taxes accurately.
The preliminary change of ownership report must include details about the property, the parties involved in the transfer, and the terms of the sale.
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