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BOE-502-A (P1) REV. 11 (07-10) FOR RECORDER S / ASSESSOR S USE ONLY PRELIMINARY CHANGE OF OWNERSHIP REPORT To be completed by the transferee (buyer) prior to a transfer of subject property, in accordance
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How to fill out preliminary change of ownership
How to fill out preliminary change of ownership:
01
Obtain the preliminary change of ownership form from your local government office or download it from their official website.
02
Fill in the necessary personal information, including your name, address, and contact details.
03
Provide the details of the property, such as its address, legal description, and parcel number.
04
Indicate the type of ownership change you are making, whether it is a sale, gift, inheritance, or other transfer.
05
If applicable, include the purchase price or the appraised value of the property at the time of transfer.
06
Attach any supporting documents required, such as a copy of the deed, bill of sale, or gift letter.
07
Sign and date the form, ensuring that all parties involved in the ownership change also sign if necessary.
08
Submit the completed form to the appropriate government office along with any applicable fees.
Who needs preliminary change of ownership?
01
Homeowners who are selling or transferring ownership of their property.
02
Buyers who are purchasing a property from someone else.
03
Individuals who are gifting or inheriting a property.
04
Executors of an estate when transferring property to beneficiaries.
05
Businesses or organizations that are acquiring property for their use.
Note: The specific requirements for a preliminary change of ownership may vary depending on your location. It is always advisable to consult with your local government office or seek legal advice if you have any doubts or unique circumstances.
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What is preliminary change of ownership?
The preliminary change of ownership is a form that needs to be filed when there is a change in ownership of real property.
Who is required to file preliminary change of ownership?
The new property owner is required to file the preliminary change of ownership.
How to fill out preliminary change of ownership?
The preliminary change of ownership form can be filled out online or by mail, providing necessary information about the property transfer.
What is the purpose of preliminary change of ownership?
The purpose of the preliminary change of ownership is to inform the county assessor of any changes in ownership for tax assessment purposes.
What information must be reported on preliminary change of ownership?
The preliminary change of ownership form typically requires information about the property, new owner, and transfer details.
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