This form is a sample letter in Word format covering the subject matter of the title of the form.
This form is a sample letter in Word format covering the subject matter of the title of the form.
(c) A beneficiary, or his or her authorized agent, shall, on the written demand of an entitled person, or his or her authorized agent, prepare and deliver a payoff demand statement to the person demanding it within 21 days of the receipt of the demand.
Under federal law, the servicer must generally send you a payoff statement within seven business days of your request, subject to a few exceptions. (12 C.F.R. § 1026.36.)
Homeowner's Exemption If you own and occupy the property as your principal place of residence, you are eligible for a Homeowners' Exemption of $7,000 in assessed value for that property. The exemption will reduce the annual property tax bill by at least $70 each year.
It provides a legal shield against creditors, preserves your home equity, and offers peace of mind in an unpredictable world.
To obtain the exemption for a property, you must be its owner or co-owner (or a purchaser named in a contract of sale), and you must live in the property as your principal place of residence. You must also file the appropriate exemption claim form with the Assessor.
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.
A homestead declaration protects your home's equity from both to forced and voluntary sales of the property. Exempt proceeds from a voluntary sale are protected if another home is purchased within 6 months.
If you do not have internet access or do not have access to a Smart phone or computer, you can still participate by phone only (no video needed) by calling: +1 669-900-6899 or +1 669-219-2599. You will need to be in a private, quiet location for up to two hours for your hearing.
If you own and occupy your home as your principal place of residence on January 1, you may apply for an exemption of $7,000 off your assessed value for an annual savings of approximately $70 on your property taxes. New property owners will automatically receive an exemption application.
2026 REQUEST FOR VALUE REVIEW (PROP 8) California State Revenue and Taxation Code, Section 51 authorizes the Assessor to temporarily lower the assessed value of any real property when it is greater than the market value as of January 1, lien date.