Saturday, March 30, 2013

How to change title on a home house in Riverside County

HOW TO ADD TO TITLE / TRANSFERRING TITLE IN RIVERSIDE COUNTY, CA

Let's say you own a house and you want to add someone to title on this house or transfer the title to someone else's name.

Note: unless this is a transfer between parent and child, your home will be reassessed and you might end up paying more property taxes! (or less ... but probably more)

You have to do two things:
1) Fill out a grant deed form. In "legal description" you must put the assessor #/parcel #/lot #.
2) Fill out a preliminary change of ownership form.
3) If transfer is between parent & child, fill out the reassessment exclusion.

File these with the County Clerk Recorder of Riverside County, pay the Change of Ownership fee (currently $20) and you are done!

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