Boe 502 a p1 rev 11 07 10 2013 form: Fill out & sign online

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Click ‘Get Form’ to open it in the editor.
Begin by entering the name and mailing address of the buyer/transferee. Ensure all details are accurate, as this information is crucial for communication with the Assessor's office.
Fill in the Assessor's Parcel Number, which identifies the property being transferred. This number can typically be found on previous tax documents.
Complete Part 1: Transfer Information by checking applicable statements regarding the nature of the transfer. This section helps determine if any exclusions from reassessment apply.
In Part 2: Other Transfer Information, specify the date of transfer and type of transfer (e.g., purchase, gift). Be thorough to avoid delays.
Proceed to Part 3: Purchase Price and Terms of Sale. Accurately report the total purchase price and any financing details, as these affect property tax assessments.
Finally, review all sections for completeness and accuracy before signing in the certification area at the end of the form.

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What are the benefits of PCOR?

Under Proposition 19, three transfers will be allowed for homeowners who are over age 55 or physically and permanently disabled, regardless of whether a property owner previously transferred a base year value under Propositions 60/90 and Proposition 110.

What is required on a grant deed in California?

Ideally, we want the deed recorded but how long it takes depends on the county and how well staffed they are. In Southern California, San Bernardino, Los Angeles where we do most of or work, Orange County, Riverside, San Diego, Central Valley, and Northern California it usually takes two to three weeks.

How to fill a grant deed form in California?

Required elements The date. This is the official date the deed was signed and docHubd. Complete names of the grantor and grantee. A description of the property being transferred. A granting clause. Consideration. Signature of the grantor. Signatures of witnesses or a notary public acknowledgment.

What documents require a PCOR in California?

Benefits of the PCOR Transparency: Helps ensure that property tax assessments are accurate and based on current ownership information. Exemptions: Allows property owners to claim any applicable exemptions from reassessment, potentially saving on property taxes.

How to fill out grant deed form 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.