The Change In Ownership Report Addenda Income Properties is the questionnaire the Sacramento County Assessor sends after it receives your Preliminary Change of Ownership Report and needs more information about the property. It is one of the Sacramento County property tax forms and is aimed at owners of commercial, industrial, multi-residential or mixed-use property. You can fill out the form online on FillingPDF and download or print the completed PDF; the Assessor publishes the original PDF at its website and receives the form by mail or email, as described below.
Last updated
What is Change In Ownership Report Addenda Income Properties – Sacramento County, CA?
The Change In Ownership Report Addenda Income Properties is a Sacramento County Assessor form that collects extra information about a property after a change of ownership, including its condition, rents, operating expenses and any personal property included in the sale.
The Assessor's form says it has received your Preliminary Change of Ownership Report and requests additional information on your property. The addenda has four parts after the opening questions about condition, repairs, the seller, a broker, market value and any listing since purchase:
- Section A: rent roll or rent schedule for commercial/industrial tenancies only.
- Section B: rent roll or rent schedule for multi-residential property only.
- Section C: annual operating expenses or an operating statement.
- Section D: the value of personal property and intangibles included in the sales price or transfer.
The PDF opens with the Assessor's BOE-441d request for information (REV. 02 (05-23)), made under Revenue and Taxation Code section 441(d), which says the request requires you to comply. The form states that information requested by the assessor is held secret under Revenue and Taxation Code section 451. The same PDF ends with a certification that the information is true and correct to the best of your knowledge and belief, signed by the owner or lessee.
Who needs to file Change In Ownership Report Addenda Income Properties – Sacramento County, CA?
Owners of income-producing property in Sacramento County who have filed a Preliminary Change of Ownership Report and then receive this addenda from the Sacramento County Assessor need to complete it. The form is a request: it is not a form you choose to file on your own.
Which sections you complete depends on the property:
- Section A is for commercial or industrial tenancies.
- Section B is for multi-residential or mixed-use property. The rent schedule is as of the date of purchase and includes owner- or manager-occupied units.
- Section C (annual operating expenses) and Section D (personal property) follow for the property as a whole.
The signature line reads "Signature of Owner or Lessee." The Revenue and Taxation Code section 441(d) text printed in the PDF says the assessee or the assessee's designated representative may transmit requested information or records. The form does not set out any further rules on who may sign for an owner.
If you are unsure what is being requested, the form tells you to contact the Assessor's Office employee named on the enclosure that came with your request.
When to file Change In Ownership Report Addenda Income Properties – Sacramento County, CA
The addenda is to be completed and returned within 20 days; the form prints "COMPLETE AND RETURN WITHIN 20 DAYS" across its first page. The cover request (BOE-441d) also carries a date of request and a due date for the requested information, which the Assessor fills in.
If you need more time, the form tells you to contact the Assessor's Office employee whose name and contact information appear on the enclosure. The form warns that failing to comply with a section 441(d) request may lead to being asked to appear before the Superior Court, and that noncompliance or a false statement may carry criminal misdemeanor penalties (Revenue and Taxation Code sections 468, 461 and 462). If the request is tied to an assessment appeal hearing, the hearing may be delayed or a prehearing conference may be scheduled.
Documents you need
- A copy of your current rent schedule, if you attach it instead of completing the Section A rent schedule for commercial/industrial tenancies.
- A copy of the actual and/or anticipated income and expense statement, if you attach it instead of itemizing income and expenses in Section C.
How to fill out Change In Ownership Report Addenda Income Properties – Sacramento County, CA
Check the identifying information
At the top, confirm the date, business name, parcel number, mailing address and physical location in Sacramento County. Correct anything that does not match your property.
Describe the property condition
Mark the condition at the time of transfer: New, Good, Average or Poor. Explain "Poor" in the remarks section on the reverse, and give the estimated cost of urgent structural repairs and/or renovation.
Answer the purchase questions
Mark Yes or No for whether the property was purchased from a friend or relative and whether a real estate broker represented the seller. If so, give the broker's name and contact information (phone, email).
Give market value and listing details
State your opinion of the current market value. Mark Yes or No for whether you have listed or offered the property for sale since purchase and, if yes, enter the asking price and date.
Complete Section A if commercial
For commercial/industrial tenancies, fill in the rent schedule or attach your current one: tenant name (vacancies included), square footage, monthly rent, lease dates, rent as a %, tax clause and who pays expenses. Add your anticipated stabilized vacancy percentage and standard tenant improvement allowance.
Complete Section B if multi-residential
For multi-residential or mixed-use property, list the rent schedule as of the date of purchase, including owner- or manager-occupied units: unit type, bedrooms, baths, monthly rent and occupied or vacant status. Add any rent increases, other income, parking rentals and utilities included in rent.
Report income and expenses in Section C
Either attach your income and expense statement or fill in the itemized income and expense lines, marking Actual or Anticipated. Do not include interest expense, amortization, depreciation or the urgent repairs listed on the front.
Enter personal property in Section D
Enter the value of furniture, equipment and built-in appliances, and of business enterprise value or other intangibles, included in the sales price or transfer.
Add remarks and sign
Use the remarks section for explanations. Sign as owner or lessee, and enter the date, daytime telephone number, printed name and email address.
Review and download the completed PDF
Check every section that applies and the signature block, then download or print the completed PDF from FillingPDF and send it to the Assessor as described under How to submit.
How to submit Change In Ownership Report Addenda Income Properties – Sacramento County, CA
The addenda may be returned by mail or by email to the Sacramento County Assessor.
- Email: send the completed form to [email protected].
- Mail: Sacramento County Assessor, Real Property Division, 3636 American River Drive, Suite 200, Sacramento, CA 95864-5952. The Assessor's forms page asks you to write the work unit or topic on the envelope, and to include your name or business name, mailing address, business location if applicable, parcel number if known and telephone number.
The Assessor's office accepts form filings submitted on the due date if they bear a valid and timely postmark. Because the U.S. Postal Service may not postmark mail the same day, the Assessor encourages mailing early, or asking the post office for a hand-stamped manual postmark.
Questions can go to the Assessor at (916) 875-0700, or to the Property Transfer Section at (916) 875-0750 (fax (916) 875-0755). The form does not mention a filing fee. FillingPDF lets you fill out and download the PDF; submission follows the channels above.
Common mistakes to avoid
- Returning the addenda after the 20 days printed on it without first contacting the Assessor's Office employee named on the enclosure.
- Completing Section A for a multi-residential property or Section B for a commercial/industrial tenancy; each section has its own scope printed on the form.
- Leaving out vacancies in the Section A rent schedule; the form says to indicate vacancies under "Name of Tenant" and give the square footage.
- Not noting in the remarks section that rent includes personal property, fixtures or equipment, or leaving out the percentage in the "Rent as a %" column when rent is a percentage of gross sales or income.
- Including interest expense, amortization, depreciation or the urgent repairs listed on the front in the Section C expenses; the form says these are excluded.
- Marking the property condition as "Poor" without explaining it in the remarks section on the reverse.
- Leaving the form unsigned: the signature of the owner or lessee, with date and daytime telephone number, is on the back of the statement.
- Sending a paper copy by mail without the work unit or topic on the envelope, which the Assessor's forms page asks for.
Frequently asked questions
What is the Change In Ownership Report Addenda for income properties?
It is a Sacramento County Assessor form that follows your Preliminary Change of Ownership Report. It asks for property condition, rent schedules, operating expenses and personal property included in the sale, so the Assessor can review a change in ownership of an income property.
Is this one of the Sacramento County property tax forms I must file?
It is a Sacramento County Assessor form you complete when the Assessor sends it after your Preliminary Change of Ownership Report. The PDF states it is a request under Revenue and Taxation Code section 441(d), which says the request requires you to comply.
How long do I have to return the addenda?
The form says to complete and return it within 20 days. If you are uncertain what is requested or need more time, contact the Assessor's Office employee whose name and contact information appear on the enclosure that came with the request.
Where do I send the Change In Ownership Report Addenda?
Mail it to the Sacramento County Assessor, Real Property Division, 3636 American River Drive, Suite 200, Sacramento, CA 95864-5952, or email it to [email protected]. The Assessor asks that the envelope name the work unit or topic.
Which section do I complete, A or B?
Complete Section A (rent roll for commercial/industrial only) for commercial or industrial tenancies, and Section B (multi-residential only) for multi-residential or mixed-use property. Sections C and D cover operating expenses and personal property.
Do I have to attach anything?
Only if you choose to. You may attach a copy of your current rent schedule instead of completing the Section A schedule, and a copy of your actual or anticipated income and expense statement instead of itemizing Section C.
What happens if I do not comply with the request?
The PDF warns that you may be asked to appear before the Superior Court and that noncompliance or a false statement may carry criminal misdemeanor penalties. If the request relates to an appeal hearing, the hearing may be delayed or a prehearing conference scheduled.
Can I fill out the addenda online on FillingPDF?
Yes. You can fill out the PDF online on FillingPDF and download or print it. FillingPDF is an independent service and is not connected to the Sacramento County Assessor; it does not file the form, so you send it by mail or email.
Ready to fill out Change In Ownership Report Addenda Income Properties – Sacramento County, CA?
Fill out Change In Ownership Report Addenda Income Properties – Sacramento County, CA now