Results 1 to 2 of 2
  1. #1
    Join Date
    Jan 2007
    Posts
    25

    Default Title Issue: Change of Ownership

    My question involves real estate located in the State of: CA

    Ok simple case> sort of if you know title issues.

    1. Hired Attorney to change Title from
    Closely held family company to individual

    2. Closely Owned family company owned primarly
    by parent wanted to transfer title of property
    to one of thier children.

    3. In state of CA transfer of title from Parent to child
    excluded from re-assessment by County Assessor

    4. Attorney stated they can do the transfer fill out
    paper work and it would then be covered under
    the parent child transfer and not be re-assessed

    5. Ok attorney files paperwork and then the county
    comes back and says this transfer does not qualify
    under the parent child exclusion

    6. Attorney states it does and files a rebuttal

    7. County sends it up to the state board of equalization
    for a legal opinion by their staff who re-affirms this
    transfer does not qualify for the parent child exclusion

    Ok did attorney make a mistake? If so what should they
    do? By the way they billed for the doing the transfer
    and rebuttal!!!!

    SKI

  2. #2
    Join Date
    Jan 2006
    Posts
    38,867

    Default Re: Title Issue > Change of Ownership

    =skidoddle;243076]

    Ok did attorney make a mistake?
    apparently

    If so what should they
    do?
    what would they want to achieve?

    By the way they billed for the doing the transfer
    and rebuttal!!!!
    You don't work for free, do you?

    1. Sponsored Links
       

Similar Threads

  1. Title and Ownership
    By wyoming28 in forum Buying, Selling and Conveying Real Estate
    Replies: 5
    Last Post: 07-12-2011, 06:13 PM
  2. No Title/Proof of Ownership Problem - Too Old
    By Debbelle in forum Vehicle Registration and Title
    Replies: 1
    Last Post: 04-19-2010, 09:45 AM
  3. Deeds - Quitclaim: Adding Name to Title vs. Transfer Ownership
    By EileenC in forum Real Estate Ownership and Title
    Replies: 2
    Last Post: 05-01-2009, 05:43 AM
  4. Transferring Ownership Without Title
    By r0sh in forum Vehicle Registration and Title
    Replies: 3
    Last Post: 01-30-2009, 07:58 PM
  5. Title Ownership To A Trailer
    By opie in forum Personal Property
    Replies: 5
    Last Post: 08-08-2006, 10:39 AM
 
 
Sponsored Links

Legal Help, Information and Resources