Get the free Change of Ownership Statement - boe.ca.gov
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BOE502AH (P1) REV. 18 (0221) ASSR73 (REV. 221)CHANGE OF OWNERSHIP STATEMENT This statement represents a written request from the Assessor. Failure to file will result in the assessment of a penalty.
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How to fill out change of ownership statement
How to fill out change of ownership statement
01
Obtain a change of ownership statement form from the appropriate government agency.
02
Fill out the necessary details in the form, such as the current owner's information, the new owner's information, and the details of the property or asset being transferred.
03
Provide any supporting documents required, such as proof of identification, proof of ownership, or any other relevant documentation.
04
Review the completed form and double-check for any errors or missing information.
05
Sign and date the form.
06
Submit the filled-out form and supporting documents to the appropriate government agency.
07
Pay any applicable fees, if required.
08
Wait for the change of ownership to be processed and confirmed by the government agency. You may receive a new ownership certificate or document as proof of the transfer.
Who needs change of ownership statement?
01
Anyone who wishes to transfer ownership of a property or asset needs a change of ownership statement. This may include individuals, businesses, organizations, or government entities.
02
Common examples of situations where a change of ownership statement is required are when buying or selling real estate, transferring ownership of a vehicle, or changing ownership of a business.
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What is change of ownership statement?
A change of ownership statement is a legal document that reports the transfer of ownership of a property.
Who is required to file change of ownership statement?
The new property owner is required to file the change of ownership statement.
How to fill out change of ownership statement?
The change of ownership statement can be filled out online or in person with the local assessor's office.
What is the purpose of change of ownership statement?
The purpose of the change of ownership statement is to update the property records with the new owner's information.
What information must be reported on change of ownership statement?
The change of ownership statement must include the new owner's name, contact information, purchase price, and date of transfer.
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