Property Sell Out With Me In Contra Costa

State:
Multi-State
County:
Contra Costa
Control #:
US-00167
Format:
Word; 
Rich Text
Instant download

Description

The Bill of Sale for Personal Property in Connection with Sale of Business is a vital document for individuals engaged in the selling and purchasing of business assets in Contra Costa. This form facilitates the legal transfer of ownership for items such as furniture, equipment, inventory, and supplies used in a business. It clearly outlines the sale price and stipulates that the property is sold 'as is,' implying that the purchaser accepts the goods in their current condition. Users must fill in specific details, such as the sale price, the names of the seller and buyer, and the business name. Signatures from both parties are required, along with notarization, ensuring the document's validity. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in business transactions. They can use the Bill of Sale to provide a straightforward way to document the transfer of assets while protecting the interests of both parties. The document serves as a legal safeguard against future disputes regarding ownership and condition. Proper completion and adherence to instruction are essential for effectiveness.

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FAQ

Declaration of Homestead – A document recorded by either a homeowner or head of household on his primary residence to protect his home from forced sale in satisfaction of certain types of creditors' claims. Decree of Distribution – Evidences the distribution of real property from the estate of a deceased person.

Ways to Invest in Tax Lien Properties in California Online tax lien auctions: Counties across the state frequently hold these auctions to sell liens on properties with unpaid taxes. Investors can register online, review the list of available properties, and place bids.

The state tax lien attaches to all property and rights to property, belonging to the taxpayer and located in the State of California (Gov. Code section 7170(a)). A state tax lien continues in effect for ten years from the date of its creation unless it is released or discharged.

An eligible homeowner may transfer the taxable value of their home to a replacement property anywhere within California up to three times. Filing a form is required and the transfer must meet certain conditions; more information and forms are provided below. This provision applies to transfers starting April 1, 2021.

Documents are recorded within two (2) business days of receipt of the document. The average turnaround time for a document submitted for recording is 30 days.

The formula involves multiplying the assessed value by the Contra Costa County property tax rate, which includes the base rate of 1% plus any voter-approved local assessments and bonds. The actual property tax rate ends up being around 1.3% of a home's assessed value.

Contra Costa County sales tax details The minimum combined 2025 sales tax rate for Contra Costa County, California is 8.75%. This is the total of state, county, and city sales tax rates. The California sales tax rate is currently 6.0%.

Real Estate Transfer Tax: Total: $1.10/per $1,000 property value (comprised of City Rate: $0.55/per $1,000 property value plus County Rate: $0.55/per $1,000 property value).

Documentary transfer tax is collected on every transfer of property, unless there is a valid exemption listed. County transfer tax is computed on the full value of the property. Any amount over $1.00 must be rounded up to the nearest $500 for the Countywide Documentary Transfer Tax.

Copies of previous (up to 11 years) and current tax bills can be found on line by going to Account Lookup. Taxpayers may also call our office, 925-608-9500 and/or email Tax Information us to request a duplicate tax bill.

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Property Sell Out With Me In Contra Costa