POSTPONED-CAASA Class: Basic CIO-Part 1 & 2
Due to the potential of power being shut down in many counties over the next couple of days, the CAASA Education Committee is postponing this Thursday’s Basic Change in Ownership class. We apologize for any inconvenience caused, and will alert everyone when a new date is selected.
Basic CIO Part 1 (AM) & Part 2 (PM) - WebEx Only - Hosted by Marin & Monterey County
The two sessions will be a broad overview of basic changes in ownership and exclusions, and is intended to be an introductory class for people new to the change in ownership area.
Basic CIO-Session 1: This session will briefly cover definitions, different methods of holding title, and what constitutes a change in ownership for basic ownerships (such as tenancy in common, joint tenancy, life estates, trusts, etc.).
Basic CIO-Session 2: This session will briefly cover basic exclusions from change in ownership (such as parent/child, grandparent/grandchild, base year value transfers, co-tenancy, partitions, etc.), as well as miscellaneous situations (such as Legal Entities, Leases, Foreclosures, Rescissions, Section 11, etc.).
Recommended Reading for Change in Ownership Class:
Revenue and Taxation Codes 60 – 69.5; Property Tax Rules 462.001 – 462.260; Assessor’s Handbook AH 401.