Preliminary Change of Ownership Report Kern County Form
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People also ask
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What does PCOR stand for in escrow?
During your escrow process and every time a property is purchased or ownership is transferred for other reasons, a Preliminary Change of Ownership (PCOR) form must be filled out. You will receive a PCOR with your escrow docu- ments and you will be required to fill it out completely.
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What is an Interspousal transfer deed in Kern County?
A California Interspousal Transfer Grant Deed is used to create, transfer, or terminate a real property ownership interest between spouses.
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Who fills out preliminary change of ownership report?
State law requires the buyer of real property to file a Preliminary Change of Ownership Report with the County Recorder's Office at the time a document is recorded which transfers ownership of the property.
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What is a PCOR in real estate?
Owners of a property that has experienced a change in ownership (except by death of an owner) must file a Preliminary Change in Ownership Report (PCOR) when the transfer is recorded. Or if un-recorded, a Change in Ownership Statement (COS) within the prescribed time limits from the date of transfer.
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What documents require a PCOR 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.
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When must a PCOR be filed in California?
Any property transfer in California may require filing a Preliminary Change of Ownership Report. For most people, this report is needed whenever real estate is transferred from one person to the next, even if only partially. An interest in real estate must be reported to the state for tax appraisal purposes.
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What does PCOR do?
Patient-Centered Outcomes Research (PCOR) helps people and their caregivers communicate and make informed health care decisions, allowing their voices to be heard in assessing the value of health care options.
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Does a PCOR get recorded?
The PCOR is confidential and not recorded or available for public inspection. What is the purpose of the PCOR? Each County Tax Assessor's office reviews all recorded deeds for that county to determine which properties require reappraisal and reassessment to the fair market value under the law.
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