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Will adding a sibling on a deed increase property tax in Califonia

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daymondluu Joined: 17 Aug 2010 Posts: 1 1.00 Dollars($)	Posted: Tue Aug 17, 2010 1:17 pm    Post subject: Will adding a sibling on a deed increase property tax in Cal Like 0 Dislike 0 I own a house with my wife and want to add my sister on the deed. I wanted to know if this will increase the property tax? Also, what would be the easiest and cost effective way to add her name to the deed? There is still a mortgage on the home and the house was recently appraised due to the fact it was just re-built.
jameshogg Joined: 20 Dec 2005 Posts: 10460 Location: Nevada 987.57 Dollars($)	Posted: Tue Aug 17, 2010 10:33 pm    Post subject: Like 0 Dislike 0 Hi daymondluu, You and your wife can sign a quit claim deed and add your sister to the property deed. After there is a change in the property ownership, the tax department will assess the taxes. There are chances that the taxes may increase by few dollars. Thanks

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