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Change in Ownership Statement - Death of Real - Lake County - co lake ca

Change in Ownership Statement - Death of Real - Lake County - co lake ca 2025

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The document is a Change in Ownership Statement for the death of real property owner Douglas W. Wacker, issued by the County Assessor-Recorder of Lake County, California. It outlines the legal requirements for filing a statement regarding the change in ownership of real property upon the owner's death, including necessary information about the decedent's property and beneficiaries. The document emphasizes the importance of timely filing to avoid penalties and provides instructions for completing the statement.

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How do you report the death of a property owner in California?

Complete form BOE-502-D, Change in Ownership StatementDeath of a Real Property Owner to provide the Assessor with a description of the property that the decedent owned on the date of death; the manner of disposition (for example, a will, terms of trust, probate, intestate succession); the relationship of the

What does preliminary change of ownership mean?

The purpose of the Preliminary Change in Ownership Report, or PCOR, is to alert the county Assessor that a piece of real estate has a new owner. This form must be turned in to the Recorders office along with the deed or affidavit that changes ownership; the Recorder sends it to the Assessor.

What constitutes a change in ownership in California?

Transfers that constitute a change in ownership may occur by any means, including, but not limited to, transfers that are voluntary, involuntary, or occurs by operation of law; transfers by grant, gift, devise, inheritance, trust, contract of sale, addition or deletion of an owner, or property settlement.

How much does a preliminary title report cost in California?

Documents That Require a PCOR Grant Deeds or Quitclaims Deeds involving a sale or transfer of property (includes partial transfers and life estates) Mineral Deeds. Oil and Gas Leases, Amendments, Extensions and Assignments of Oil and Gas Leases, regardless of the term of the lease.