Get the free Grandparent/Grandchild Exclusion from Reappraisal Form (occurring before Feb 16, 202...
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JORDAN Z. MARKS, ASSESSOR
1600 PACIFIC HIGHWAY, SUITE 103
SAN DIEGO, CALIFORNIA 92101
TELEPHONE: (619) 5315848BOE58G (P1) REV. 18 (0522)CLAIM FOR REASSESSMENT EXCLUSION FOR
TRANSFER FROM GRANDPARENT
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How to fill out grandparentgrandchild exclusion from reappraisal
How to fill out grandparentgrandchild exclusion from reappraisal
01
Obtain the necessary form for the grandparent-grandchild exclusion from reappraisal from your local county assessor's office.
02
Fill out the form completely and accurately, providing all required information about the property and the relationship between the grandparent and grandchild.
03
Submit the form to the county assessor's office along with any supporting documentation that may be required, such as proof of the relationship or ownership of the property.
Who needs grandparentgrandchild exclusion from reappraisal?
01
Individuals who have inherited property from their grandparents and wish to avoid a property tax reassessment may need the grandparent-grandchild exclusion from reappraisal.
02
This exclusion can help beneficiaries of property transfers between grandparents and grandchildren to retain the property tax base established when the grandparent originally acquired the property.
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What is grandparent-grandchild exclusion from reappraisal?
The grandparent-grandchild exclusion from reappraisal allows the transfer of property between grandparents and grandchildren without triggering a reassessment of the property's value for tax purposes.
Who is required to file grandparent-grandchild exclusion from reappraisal?
The property owner or the grandchild receiving the property is required to file for the grandparent-grandchild exclusion from reappraisal.
How to fill out grandparent-grandchild exclusion from reappraisal?
To fill out the exclusion form, provide details about the property, the relationship between the transferor (grandparent) and the transferee (grandchild), and any required supporting documentation.
What is the purpose of grandparent-grandchild exclusion from reappraisal?
The purpose is to preserve family wealth by preventing the reassessment of property value, which could lead to higher property taxes when ownership is transferred within the family.
What information must be reported on grandparent-grandchild exclusion from reappraisal?
The information that must be reported includes the names of the grandparent and grandchild, the property address, the date of transfer, and any legal documents supporting the relationship.
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