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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.

Property Replaced After Acquisition By Public Entity

Change in Ownership does not include the acquisition of real property as a replacement for comparable property if the original property was located in California and acquired by eminent domain, acquisition by a public entity, or by governmental action resulting in a judgment of inverse condemnation. A claim form must be timely filed with the Assessor to qualify for this exclusion.


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