Is Cal. Rev. & Tax. Code § 532.2 — Property Escaping Assessment still in force?

Statute · California Revenue and Taxation Code

Cal. Rev. & Tax. Code § 532.2 — Property Escaping Assessment

Cal. Rev. & Tax. Code § 532.2

Type: Statute
Source: California Revenue and Taxation Code
Jurisdiction: California
Date: 1993-01-01
Current through: Nov 2, 2026 (California Legislative Counsel)

Notwithstanding Section 532, the assessor shall assess as escaped property any property for which a welfare exemption was granted while that property was “in the course of construction,” as defined in Section 214.2, if either of the following occurs:

Citator

Cal. Rev. & Tax. Code § 532.2 — Property Escaping Assessment is in force in the current edition of the Code, and nothing recorded condemns it.

(a) Construction is abandoned.

(b) Upon completion of the construction, the property is used other than exclusively for religious, hospital, or charitable purposes. If, upon completion of construction, a portion of the property is used other than exclusively for religious, hospital, or charitable purposes, the assessor shall assess as escaped property only that portion of the property so used.