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Get the free Preliminary Change of Ownership Report (PCOR) BOE-502A

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BOE502A (P1) REV. 15 (0221)ASSESSORS OFFICE MATT H. MAY ASSESSOR 2222 M STREET MERCED, CA 95340 Phone: (209) 3857631 Fax: (209) 7253956 WWW.CO.MERCED.CA.PRELIMINARY CHANGE OF OWNERSHIP REPORT To be
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How to fill out preliminary change of ownership

01
Obtain a preliminary change of ownership form from the local assessor's office or website
02
Fill out the form with the relevant information including the property's address, the buyer and seller information, and the proposed transfer date
03
Provide any supporting documentation required, such as a copy of the sales agreement or the previous deed
04
Submit the completed form and any accompanying documents to the assessor's office for processing

Who needs preliminary change of ownership?

01
Anyone who is buying or selling real estate property needs to fill out a preliminary change of ownership form to ensure that the property tax assessment is accurate and up to date.
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Preliminary change of ownership refers to the process of reporting changes in ownership of a property to the relevant tax authorities.
The new owner of a property is required to file preliminary change of ownership.
Preliminary change of ownership can usually be filled out online or through paper forms provided by the tax authorities.
The purpose of preliminary change of ownership is to ensure that the relevant tax authorities are informed of any changes in ownership that may impact property taxes.
The information typically reported on preliminary change of ownership includes details of the new owner, the property in question, and the nature of the ownership change.
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