This form is a contract for the lease of personal property. The lessor demises and leases to the lessee and the lessee takes and rents from the lessor certain personal property described in Exhibit "A".
Personal Property Document Without Comments In Los Angeles
Category:
State:
Multi-State
County:
Los Angeles
Control #:
US-00123
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
Personal property includes things like furniture, clothing, electronics, and kitchenware.
Deductible personal property taxes are those based only on the value of personal property such as a boat or car. The tax must be charged to you on a yearly basis, even if it's collected more than once a year or less than once a year.
These may include personally-owned cars, homes, appliances, apparel, food items, and so on. Personal use property can be insured against theft in most homeowners policies, but may require additional riders or carry limitations.
1. Senior Citizen Homeowners' Property Tax Exemption. The Senior Citizen Homeowners' Property Tax Exemption is available to homeowners who are at least 65 years old and meet certain income requirements.
A personal property tax is imposed by state or local governments on certain assets that can be touched and moved such as cars, livestock, or equipment. Personal property includes assets other than land or permanent structures such as buildings. These are considered to be real property.
You must report all business assets, including all fully depreciated assets and/or expensed assets. Do not report licensed vehicles, computer application software, and goods held for sale, rent, or lease (i.e., inventory).
An assessor has the right to have access to a property at any reasonable time to carry out their duties. Refusing access or entry or giving false information can result in a fine.
A copy of the legal description for your property can be found on the most recent recorded deed. If you do not have a copy of your deed, you can get a copy at the Sacramento County Clerk-Recorder's Office.
The Assessor's Office maintains many property records for assessment purposes. In ance with the California Public Records Act and the ordinances and policies of the County of Los Angeles, the public may request and inspect a reasonable identifiable record or records.
If you want to review the legal description of a property you own or are interested in purchasing but don't have the deed on hand, you can search the public records. A copy of the deed and other real estate documents known as recording instruments are kept at the recorder's office where the property is located.