What is business personal property? What are examples of inventory and supplies?Find information about the property document recording process including important paperwork and essential forms. Assessor Jeff Prang and his staff walk you step-by-step on how to prepare a Business Personal Property Statement, Form 571-L. Today's q a session is to help you prepare your business per personal property statement also known as the 571l. This guide breaks down the complex process of correctly completing a preliminary change in ownership report. Now that the affidavit is signed and notarized, all you have to do is present it to the person or entity to collect the property. If you need to file or for more information on how to file, please call (714) 834-2930. If you are adding an heir, you could use a living trust or Transfer on Death Deed instead of making them a joint tenant. When are the filing deadlines?