Get the free Preliminary Change of Ownership Report - Portfolio Escrow, Inc.

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BOE502A (P1) REV. 14 (0518) ASSR70 (REV. 718)PRELIMINARY CHANGE OF OWNERSHIP REPORT Tobecompletedbythetransferee(buyer)priortoatransferofsubjectproperty, in accordance with section 480.3 of the Revenue and TaxationCode.

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How to fill out preliminary change of ownership

01

To fill out the preliminary change of ownership form, follow these steps:

02

Download the preliminary change of ownership form from the official website of the relevant authority.

03

Read the instructions carefully to understand the requirements and information needed.

04

Gather all the necessary documents such as identification proof, proof of ownership, and any other supporting documents.

05

Fill out the form accurately and legibly, providing all the required information.

06

Double-check the form for any errors or omissions before submitting.

07

Submit the completed form along with the supporting documents to the designated authority.

08

Pay any applicable fees or charges as specified.

09

Wait for the authority to process your application and communicate any further steps or requirements.

Who needs preliminary change of ownership?

01

The preliminary change of ownership is needed by individuals or entities who are involved in the transfer of ownership of a property or asset. This may include:

02

- Property buyers and sellers

03

- Real estate agents

04

- Lawyers or legal representatives handling property transactions

05

- Government agency or department responsible for maintaining property ownership records

06

It is important to consult the specific regulations or guidelines provided by the authority in your jurisdiction to determine who exactly needs to fill out the preliminary change of ownership form.

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What is preliminary change of ownership?

The preliminary change of ownership is the process of reporting a change in ownership of real property.

Who is required to file preliminary change of ownership?

The person or entity acquiring the property is required to file the preliminary change of ownership form.

How to fill out preliminary change of ownership?

The form can be filled out online or submitted through mail with all required information and documentation.

What is the purpose of preliminary change of ownership?

The purpose is to notify the Assessor's office of any change in ownership so that property taxes can be properly assessed.

What information must be reported on preliminary change of ownership?

The form requires information such as the property address, purchase price, and names of the buyer and seller.

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