Personal Property Document With No Intrinsic Value Called In Los Angeles

Category:
State:
Multi-State
County:
Los Angeles
Control #:
US-00123
Format:
Word; 
Rich Text
Instant download

Description

The Personal Property Document with No Intrinsic Value Called in Los Angeles is a legal agreement facilitating the lease of personal property between a lessor and lessee. This document outlines key features such as the description of the leased property, the term of the lease, responsibilities for repairs and maintenance, and conditions regarding assignment and subleasing. The form emphasizes that the lessee is responsible for the upkeep of the property while ensuring that any leasing arrangements do not grant ownership rights to the lessor. This lease is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who require a clear and structured agreement to formalize leasing arrangements. Filling and editing instructions ensure that users can complete the document accurately, which includes providing specific details about the parties involved and the property itself. The form serves as a reliable tool for managing personal property leases in compliance with relevant laws, helping users mitigate potential disputes by clearly defining obligations. Additionally, it allows for the preparation of legal responses regarding breaches, including provisions for legal fees.
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  • Preview Contract for the Lease of Personal Property
  • Preview Contract for the Lease of Personal Property

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FAQ

Property ownership information can be requested from the County Registrar-Recorder/County Clerk. For more information, please visit their website to Request a Real Estate Record.

You can obtain a copy of your Grant Deed directly from the Los Angeles County Registrar-Recorder/County Clerk. No third party assistance is needed. The County Registrar-Recorder mails the original Grant Deed document to the homeowner after it is recorded.

When closing on a home, you should receive a copy of your house deed when the title is transferred to you. You can also request an additional copy at any time through your County Recorder's Office or Register of Deeds Office (the official name may vary by location).

You may view a copy of your original Unsecured Property Tax Bill here. You may also call us at 1(213) 893-7935, press 1, 2, and then press 9 to reach an agent, Monday through Friday, between a.m. and p.m. Pacific Time, excluding Los Angeles County holidays.

Property ownership information can be requested from the County Registrar-Recorder/County Clerk. For more information, please visit their website to Request a Real Estate Record.

Classifications Intangible. Tangible. Other distinctions.

Under Article XIII, Section I of the California Constitution, all property is taxable unless it is exempt. Each year Personal Property is reassessed as of lien date, January 1st.

Unsecured (Personal) Property Taxes are ad-valorem (value based) property taxes that the Office of the Los Angeles County Assessor assesses to the owner of record as of January 1 of each year. Because the taxes are not secured by real property such as land, these taxes are called “Unsecured.”

Personal Property Personal belongings such as clothing and jewelry. Household items such as furniture, some appliances, and artwork. Vehicles such as cars, trucks, and boats. Bank accounts and investments such as stocks, bonds, and insurance policies.

The three fundamental types of property are real property, personal property, and intellectual property, and they are as follows: The real property comprises land or immovable property, improvements on land that may be legally owned and utilized, such as harvests, houses, equipment, and roadways.

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Personal Property Document With No Intrinsic Value Called In Los Angeles