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  • A Preliminary Change Of Ownership Report Must Be Filed With Each Conveyance In The County

Get A Preliminary Change Of Ownership Report Must Be Filed With Each Conveyance In The County

BOE502A (FRONT) REV. 9 (806)FOR RECORDERS USE ONLYPRELIMINARY CHANGE OF OWNERSHIP REPORT To be completed by transferee (buyer) prior to transfer of subject property in accordance with Section 480.3.

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How to fill out the A Preliminary Change Of Ownership Report Must Be Filed With Each Conveyance In The County online

Filling out a Preliminary Change Of Ownership Report is an essential step in the property transfer process. This guide provides clear instructions to assist users in completing the form accurately and efficiently online.

Follow the steps to complete your Preliminary Change Of Ownership Report.

  1. Press the ‘Get Form’ button to access the form and open it in your preferred editor.
  2. Begin by filling in the Seller/Transferor and Buyer/Transferee information accurately, including names and relevant addresses.
  3. Enter the Assessor's Parcel Number(s) and provide the property address or location where required.
  4. Complete the section on mail tax information, ensuring that the address is correct for ongoing correspondence.
  5. Review the notice regarding property taxes to understand payment deadlines and responsibilities.
  6. Fill out Part I: Transfer Information. Answer all yes/no questions, providing explanations where necessary.
  7. Continue to Part II: Other Transfer Information. Specify the date of transfer and select the appropriate type of transfer.
  8. In Part III: Purchase Price and Terms of Sale, detail the financial aspects, including down payment, financing, and total purchase price.
  9. Address Part IV: Property Information by providing details on the type of property, principal residence status, and personal property included.
  10. Finally, ensure all sections are filled out and sign at the bottom of the second page. Consider any attached documentation that supports your responses.
  11. Once completed, save your changes. You may then download, print, or share the form as needed.

Complete your Preliminary Change Of Ownership Report online to ensure a seamless property transfer process.

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In most cases, when a person buys a residence, the entire property undergoes a change in ownership and 100 percent of the property is reassessed to its current market value.

The Preliminary Change of Ownership Report is a document that is created and filed with municipal authorities at the time of sale. It contains key information about the buyers (name, phone number, etc), the property (address, occupancy, condition of the property, etc), and additional information as needed.

The law requires the owners of any property that has changed ownership (except those caused by the death of an owner) to file a change in ownership statement (PCOR) when the transfer is recorded, or, if not recorded, within 45 days of the date of transfer.

The Preliminary Change of Ownership Report is also referred to as a PCOR (pronounced "pee-core"). This form is completed following the death of a person who owns real property or a manufactured home in San Luis Obispo County.

What Is A PCOR? A PCOR is specific to California real estate transactions. It is issued by the State Board of Equalization per Section 480.3 of California's Revenue and Taxation Code. It is a form used to notify the county assessor's office of real property transactions (buys and sells).

If it is a gift, the donor should ask their tax advisor whether they must file a gift tax return this year. A new owner fills out, dates, and signs the PCOR. It does NOT need to be notarized. Describe the property being transferred, and any included personal property or manufactured homes.

Property owners of at least 55 years of age may transfer the base year value of their principal residence to a replacement principal residence. The replacement must be of equal or lesser current market value and located within the same county.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
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
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
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 WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
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