Form BOE-19-P Claim for Reassessment Exclusion for Transfer Between Parent and Child Occurring on or After February 16, 2021 - Sample - California

What Is Form BOE-19-P?

This is a legal form that was released by the California State Board of Equalization - a government authority operating within California. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is BOE-19-P?
A: BOE-19-P is a form used in California for claiming reassessment exclusion for transfer between parent and child.

Q: What does the form BOE-19-P cover?
A: The form BOE-19-P covers transfers of real property between parents and children occurring on or after February 16, 2021.

Q: Who can use the form BOE-19-P?
A: The form BOE-19-P can be used by parents and children who want to claim reassessment exclusion for their property transfer.

Q: When should the form BOE-19-P be filed?
A: The form BOE-19-P should be filed within three years from the date of the transfer.

Q: What is the purpose of the reassessment exclusion?
A: The purpose of the reassessment exclusion is to allow parents to transfer their real property to their children without triggering a reassessment of property taxes.

Q: Are there any fees for filing the form BOE-19-P?
A: No, there are no fees for filing the form BOE-19-P.

Q: What documents are required to be submitted with the form BOE-19-P?
A: The form BOE-19-P must be accompanied by supporting documents such as a Preliminary Change of Ownership Report and a copy of the transfer deed.

Q: Can the reassessment exclusion be claimed for transfers before February 16, 2021?
A: No, the reassessment exclusion can only be claimed for transfers occurring on or after February 16, 2021.

Q: What happens if the form BOE-19-P is not filed within the specified time?
A: If the form BOE-19-P is not filed within three years from the date of transfer, the reassessment exclusion may be denied.