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Change of Ownership: Setting Balances to Zero Offices currently using Open Dental may need to zero out the account balances when a Change of Ownership has taken place. There is a fee of $100 to modify

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How to fill out change of ownership setting

01

Log in to your account on the platform where you need to make the change of ownership setting.

02

Navigate to the settings or profile section of the platform.

03

Look for the option related to ownership or account details.

04

Select the option to change ownership.

05

Fill out the required information such as new owner's name, contact details, and any other necessary details.

06

Review the information for accuracy and confirm the change of ownership setting.

07

Save the changes and log out of your account.

Who needs change of ownership setting?

01

Anyone who is transferring ownership of an account, property, or any other asset.

02

Businesses that are undergoing changes in ownership or restructuring.

03

Individuals who are gifting or selling their ownership rights to someone else.

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What is change of ownership setting?

The change of ownership setting refers to the process of officially transferring ownership of a property from one party to another.

Who is required to file change of ownership setting?

The new owner of the property is typically required to file the change of ownership setting.

How to fill out change of ownership setting?

The change of ownership setting can usually be filled out online or submitted in person to the appropriate government agency.

What is the purpose of change of ownership setting?

The purpose of the change of ownership setting is to update official records and ensure that property taxes are correctly assessed.

What information must be reported on change of ownership setting?

Typically, the change of ownership setting requires information such as the names of the old and new owners, the property address, and the date of the transfer.

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