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Frequently Asked Questions

I owned property with my brother, who later changed it into my name alone. Is this a change of ownership?

Yes, but if you had a 50% interest in the property, it is considered to be only a 50% change in ownership. 50% will keep the old base year value, and only the new transferred 50% portion will be reassessed. For more information, log onto: http://assessor.lacounty.gov/




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