What if I purchase a piece of property and then sell it again after a few months?
If you purchase and then sell property within a short period of time at a higher value, you should expect to receive a Supplemental property tax bill that covers only those months during which you owned the property, and the new owner should receive a separate Supplemental property tax bill. However, because of the large number of parcels and frequency of property changing hands in Orange County, there may be delays in re-assessing properties. Be sure to check the dates of ownership on the Supplemental property tax bill to ensure that the period covered is the period during which you actually owned the property. If you receive an incorrect tax bill, you need to contact the Office of the Assessor at (714) 834-2727 and inform them that the assessment needs to be revised to reflect the correct ownership dates.
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