Section 482.1 Of Article 2.5. Change In Ownership Reporting From California Revenue And Taxation Code >> Division 1. >> Part 2. >> Chapter 3. >> Article 2.5.

. If there is a failure to file a change in ownership statement within the time required by subdivision (b) of Section 480, the successor in interest to the decedent's property shall be subject to the applicable penalty provided in Section 482.