Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 5083 — Cancellation of Taxes on Exempt Property
Cal. Rev. & Tax. Code § 5083
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
If exempt property is acquired either by negotiated purchase or eminent domain any lien on the property for ad valorem taxes is extinguished as a matter of law upon the acquisition of the property, and the lien immediately transfers and attaches to the proceeds constituting the purchase price or…
Citator
Cal. Rev. & Tax. Code § 5083 — Cancellation of Taxes on Exempt Property is in force in the current edition of the Code, and nothing recorded condemns it.
If exempt property is acquired either by negotiated purchase or eminent domain any lien on the property for ad valorem taxes is extinguished as a matter of law upon the acquisition of the property, and the lien immediately transfers and attaches to the proceeds constituting the purchase price or award.