Skip Navigation LinksHome > Departments > Assessor-Recorder > Assessor > Change in Ownership

Change in Ownership

The Revenue and Taxation Code defines change in ownership as “a transfer of a present interest in real property, including the beneficial use thereof, the value of which is substantially equal to the value of the fee interest”.

However, either by legislation or voter initiative, several types of transfers are excluded from reassessment. Listed below are those most commonly occurring. Please contact the Assessor’s Office for additional information regarding change in ownership.

Parent/Child Exclusion

Transfers between parents and children occurring on or after November 6, 1986 may be eligible for exclusion from reassessment. The property must be transferred from parents to their children or children to their parents, and a claim form must be filed with the Assessor timely as provided by statute. The exclusion applies to the principal residence, as defined, or the first $1,000,000 assessed value of other real property.

Some transfers from grandparents to grandchildren may also be excluded. The transfer must occur on or after March 27, 1996 and the parent of the grandchild who is the child of the grandparent must be deceased as of the transfer date. A claim form must also be filed timely with the Assessor to qualify for this exclusion.

Contact the Assessor for more information regarding these exclusions.  

This form is available online. Click here to go to the form.


Assessor's Office

44 North San Joaquin Street
Second Floor Suite 230
Stockton, CA 95202
Phone: (209) 468-2630
Fax: (209) 468-8383
Office Hours: 8:30 - 4: 30