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  • Form 571-a - Monterey County - Co Monterey Ca

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D. When did you start business at this location? DATE: e. Enter location of general ledger and all related accounting records (include zip code): ASSESSOR COUNTY OF MONTEREY P.O. BOX 570 SALINAS CA.

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What is Documentary Transfer Tax? A tax collected when an interest in real property is conveyed. Collected by the County Recorder at the time of recording. A Transfer Tax Declaration must appear on each deed. There is a County tax and in some cases, a City tax.

If you own a home and occupy it as your principal place of residence as of January 1, you may apply for an exemption of $7,000 of your assessed value. This computes to a reduction in property taxes of about $70 per year. New property owners automatically receive an exemption application form in the mail.

State transfer taxes are one size fits all. That means the state levies a transfer tax of $0.55 per every $500 of home value.

Effective March 1, 2023, Measure GS establishes a $56.00 transfer tax per $1,000 of value for property transfers of $8 million or more (an effective tax rate of 5.6%). - A 5.71% rate if the value is $8 million or greater.

The Form 571L or 571A constitutes an official request that you declare all assessable business property situated in this county which you owned, claimed, possessed, controlled or managed on the tax lien date. The form is approved by the State Board of Equalization (BOE) but forms are administered by the county.

The County Transfer Tax is a standard of $1.10 per $1,000 of the sales price throughout the State. However, there are certain cities that also collect their own City Transfer Tax and those differ.

Who Pays? This tax can be charged to either the buyer or the seller upon mutual agreement within an escrow agreement BUT if unpaid in the sales escrow – the established policy has the responsibility fall to the BUYER as the buyer has control of the real property.

A Claim for Reassessment Exclusion for Transfer Between Parent and Child must be filed to receive the exclusion. If the exclusion form is filed after the 105 day period has expired the filing fee is $175. Claim forms are available by calling or writing the Assessor's Office.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232