Claim Form For New Construction Exclusion From Supplemental Assessment
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1
2PETER ALDANA
ASSESSOR'S USE ONLY
ASSESSOR-COUNTY CLERK-RECORDER
Received
COUNTY OF RIVERSIDE
Approved
P.O. BOX 751
Denied
RIVERSIDE, CA 92502-0751
Reason
CLAIM FOR NEW CONSTRUCTION EXCLUSION
FROM SUPPLEMENTAL ASSESSMENT
Recorder’s Document Number(s)*
CLAIMANT:
(must be the same as name on deed)
Year
Number
-
MAILING ADDRESS:
-
-
*Found on upper right corner of deed(s). If more space
is needed, attach a separate page.
THIS FORM MUST BE FILED WITH THE ASSESSOR PRIOR TO OR WITHIN THIRTY (30) DAYS OF
THE DATE OF COMMENCEMENT OF CONSTRUCTION OR THE CLAIM WILL BE DENIED.
CONSTRUCTION IS CONSIDERED TO HAVE COMMENCED WHEN LAND CLEARING, GRADING,
CONTOURING OR ANY PHYSICAL ALTERATION TO THE SITE(S) BEGINS.
IMPORTANT INFORMATION
Section 75.12 of the California Revenue and Taxation Code provides that any real property on which new
construction is completed and qualifies for the exclusion under Section 75.12 shall not be added to the
supplemental roll until the date that the property, in whole or in part changes ownership; is rented or leased;
or is occupied or otherwise used by the owner or with the owner's consent, except as a model home or other
use as is incidental to an offer for a change of ownership, whichever comes first.
This exclusion applies if the owner notifies the assessor in writing, prior to or within 30 days of the date of
commencement of construction, that he or she offers or intends to offer that property for sale or other
change of ownership, and does not intend to rent, lease, occupy or otherwise use that property, except as
model homes or other use as is incidental to an offer for a change of ownership, and the owner requests the
application of this section. However, an owner is not required to provide notice if the property meets the
following conditions:
(a)
The property is subdivided into five or more lots.
(b)
A map describing the parcel has been recorded.
(c)
Zoning regulations that are applicable to the parcels or building permits for the parcels require that, except for
parcels dedicated for public use, single-family residences will be constructed on the parcels.
The owner of any real property granted this exclusion shall notify the assessor within 45 days of the earliest
date that any of the following occur:
(a)
The property changes ownership or is subject to an unrecorded contract of sale;
(b)
The property is rented or leased;
(c)
The property is occupied and the occupancy of the property is other than as a model home or incidental to an
.
offer for a change in ownership
Failure to notify the Assessor of such use within the prescribed time period may result in a penalty
of $100.00 or 10% of the taxes applicable to the new base year value, whichever is greater, not to
exceed $2,500.00.
COMPLETE THE BACK OF THIS FORM
IF YOU WISH A RECEIPT FOR FILING PLEASE ENCLOSE A COPY OF THIS COMPLETED
FORM AND A STAMPED, SELF-ADDRESSED ENVELOPE.
ACR 740 (REV 04/2012)
Available in Alternate Formats
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