For each parcel of non-homestead real property where a deed has not been recorded with the county clerk of court documenting a change of ownership or control, the person or entity who acquires the parcel may have to complete a form similar to this and send it to the property appraiser of the county where the property is located.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Colorado Notice of Change of Ownership or Control Non-Homestead Property: Detailed Description and Types In Colorado, a Notice of Change of Ownership or Control Non-Homestead Property is a legal document that must be filed when there is a change in ownership or control of a non-homestead property. This notice serves to inform relevant authorities, such as the county assessor's office, about the transfer of ownership or control of the property. It is crucial to comply with this requirement as failure to do so may result in penalties or legal issues. The Notice of Change of Ownership or Control Non-Homestead Property should contain specific information to properly identify the property and the parties involved in the transfer. The following details are typically included: 1. Property Information: — Property address: The complete physical address of the non-homestead property being transferred. — Legal description: The legal description of the property, usually obtained from the property deed. 2. Transfer Details: — Date of transfer: The specific date when the change in ownership or control occurred. — Type of transfer: Whether the transfer is a sale, gift, inheritance, lease, or any other form of arrangement. 3. Party Information: — Transferor(s): The individual(s) or entity that previously owned or controlled the property. — Transferee(s): The individual(s) or entity acquiring ownership or control of the property. — Contact information: The names, addresses, and phone numbers of both the transferor(s) and transferee(s). Apart from the basic Notice of Change of Ownership or Control Non-Homestead Property, there may be additional types based on the purpose or circumstances of the transfer. Some of these types are: 1. Notice of Change of Ownership or Control Non-Homestead Property due to Sale: This form is used specifically when the transfer of ownership or control is the result of a sale transaction. 2. Notice of Change of Ownership or Control Non-Homestead Property due to Inheritance: If the transfer of ownership or control is due to inheritance, this form is used. It includes additional information such as the name of the deceased and legal relationship to the transferee(s). 3. Notice of Change of Ownership or Control Non-Homestead Property for Lease Agreement: In cases where the transfer involves a lease agreement, this form is completed. It includes details about the duration and terms of the lease. 4. Notice of Change of Ownership or Control Non-Homestead Property for Business Acquisition: When a transfer occurs due to the acquisition of a business, this form is filed instead, and it may require additional information concerning the nature of the business being acquired. Successfully filing the Notice of Change of Ownership or Control Non-Homestead Property ensures that the appropriate authorities are kept informed of property transfers, allowing for accurate assessment and taxation purposes. It is essential to consult with legal professionals or the county assessor's office to ensure compliance with specific requirements and to obtain the correct forms for the specific type of transfer.
