Form Boe-100-B (S3) Instructions For Completing The Statement Of Change In Control And Ownership Of Legal Entities Questionnaire (Boe-100-B) (Page 2 of 3) in pdf

BOE-100-BC (FRONT) REV. 11 (9-02)

STATE OF CALIFORNIA

BOARD OF EQUALIZATION

INSTRUCTIONS FOR COMPLETING THE STATEMENT OF CHANGE IN

CONTROL AND OWNERSHIP OF LEGAL ENTITIES QUESTIONNAIRE (BOE-100-B)

Your legal entity (partnership, joint venture, corporation, trust, limited liability company) is receiving this instruction sheet and en-

closed questionnaire pursuant to property tax laws. The purpose of the questionnaire is to assist county assessors in identifying

real property subject to appraisal for property tax purposes.

All legal entities are required by law (Revenue and Taxation Code Sections 480.1 and 480.2) to complete the questionnaire and

return it to the State Board of Equalization on or before the due date printed on the questionnaire. This must be done whether or

not the entity owns or leases real property in California and/or has had a change in ownership control.

PLEASE READ THE IMPORTANT NOTICE ON PAGE 3 (S3F) OF THE QUESTIONNAIRE BEFORE PROCEEDING. THE QUES-

TIONNAIRE SHOULD BE COMPLETED AND RETURNED EVEN THOUGH THE ADDRESSED LEGAL ENTITY HAS BEEN DIS-

SOLVED OR LIQUIDATED.

(In addition to the instructions that follow, please note the special instructions after each question on the questionnaire.)

QUESTION 1.

Answer YES if the addressed legal entity or any of the legal entities under its ownership control (subsidiaries, partnerships, etc.)

has obtained cumulatively more than 50 percent of: (a) the voting stock of any other corporation, (b) both the profits and capital of

a partnership, or (c) any other ownership interest in any trust, joint venture, or other legal entity since the date indicated in

Question 1 on the questionnaire. If the answer is YES, please provide the name and address of each entity, and date that the

ownership interest in each entity surpassed 50 percent. Please add pages to the questionnaire as needed. Do not report entities

created by the addressed entity. Only report entities that owned or leased, directly or indirectly through subsidiaries, partnerships,

etc., real property in California on the exact date control was obtained. (See instructions for Question 3 below for properties that

require entities to be reported.)

QUESTION 2.

Answer YES if the total cumulative direct or indirect ownership interest, (voting stock, profits and capital, or other interest) of ONE

person or ONE entity in the addressed legal entity has surpassed 50 percent since the date indicated in Question 2 on the ques-

tionnaire.

QUESTION 3.

Answer YES if the addressed entity or any of the legal entities under its ownership control (subsidiaries, partnerships, etc.) owned

or leased any of the following types of real property on the exact date that ownership control changed:

A. Real property OWNED (land, structures, fixtures), as of the exact date that the total cumulative ownership interests of ONE

person or ONE entity surpassed 50 percent in the addressed legal entity.

NOTE: Do not include real property owned by the addressed legal entity or any of the legal entities under its ownership control

if leased to ANY person or UNAFFILIATED entity and the remaining term of the lease including written renewal options ex-

ceeded 35 years on the date of the change in control and ownership of the addressed legal entity.

B. Real property held under lease from a private owner and the remaining term of the lease was 35 years or more including

written renewal options, on the exact date that the ownership interests of one person or entity in the addressed legal entity

surpassed 50 percent.

C. Real property held on lease from a public owner (county, state, district, USA, etc.) for any term, on the exact date that the

ownership interests of one person or entity surpassed 50 percent.

D. Mineral right parcels including working interests in oil, gas, and geothermal steam-producing properties owned or held on

lease for any term whether in production or not.

E. Real property, including fixtures owned or leased as described in B and C above, located on premises not owned by the ad-

dressed entity.

QUESTION 4.

Answer YES if the transfer reported in Question 2 was between spouses.

QUESTION 4a.

Answer YES if the ownership interest of every person and/or every legal entity remained exactly the same both before and after

the date of the transfer reported in Question 2.

Form Boe-100-B (S3) Instructions For Completing The Statement Of Change In Control And Ownership Of Legal Entities Questionnaire (Boe-100-B) Page 2

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