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

Posted on: 17th Aug, 2010 01:17 pm
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.
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
Posted on: 17th Aug, 2010 10:33 pm
Posted on: 23rd Jul, 2011 11:21 am
Posted on: 23rd Jul, 2011 11:23 am
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