A business owner is an individual or entity who owns a business, big or small. As a business owner, you are required to report all your assets and obtain necessary forms, from the Business Personal Property Division of the Office of the Assessor/Clerk-Recorder.
The Assessor can grant a full exemption only if you file the property claim form on time and show that the use of the property (or intended use, if the property is under construction or newly acquired,) qualifies for the exemption.
