
Get the free Preliminary Change of Ownership Report
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This form must be completed by the buyer before property transfer in California. It ensures compliance with tax code and details ownership change.
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What is preliminary change of ownership?
A preliminary change of ownership refers to the documentation submitted to the local government to report a transfer of real property ownership before the official deed is recorded.
Who is required to file preliminary change of ownership?
The seller or any party involved in the transfer of property is typically required to file the preliminary change of ownership.
How to fill out preliminary change of ownership?
To fill out a preliminary change of ownership, one must provide details such as the names of the buyer and seller, the property address, the date of transfer, and any relevant identification numbers.
What is the purpose of preliminary change of ownership?
The purpose of a preliminary change of ownership is to notify the local assessor's office of changes in property ownership, which helps in the assessment of property taxes.
What information must be reported on preliminary change of ownership?
Information that must be reported includes the names and addresses of the transferor and transferee, the property description, the date of the transfer, and any consideration or payment associated with the transfer.
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