Change in Ownership – Rescissions

Board staff has initiated a project to issue guidance to county assessors summarizing the various written opinions by the Board of Equalization's Legal Department that address (1) a property owner's ability to rescind a recorded deed that triggered a reassessable change in ownership and (2) the property tax effect of such a rescission.

Change in Ownership - Rescissions Timeline
Date Description of Task
5/29/2018 Staff to release letter advising recipients of the project and inviting interested parties to submit proposed changes to the draft Letter to Assessors (LTA)
7/31/2018 Deadline for interested parties to provide proposed changes, in the form of alternate text, to the staff.
12/18/2018 Staff to meet with interested parties to discuss draft LTA