No, the owner of the property on January 1 (lien date) is the responsible party for the assessment and property taxes. Purchase" structure to acquire desirable assets early in their life cycle.In a forward purchase transaction, a buyer and seller enter into a purchase and sale. The Probate Department of the Court handles decedents' estates, trusts, and conservatorships. Updates and maintains Court inventory databases on IT hardware and software. Monitors and updates the tracking systems of all assets for the Court. Upon the closing of a merger transaction, the surviving company (i.e. Want to buy an asset purchase agreement? 3440.2 - Fixed Assets Management - Procedure - The mission of the San Bernardino County Superintendent of Schools is to transform lives through education.