California Revenue & Taxation Code

Cal. Rev. & Tax. Code § 5083

Official textleginfo.legislature.ca.gov

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.

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Nearby sections (25 sections)
  1. 5028
  2. 5029
  3. 5061
  4. 5062
  5. 5063
  6. 5064
  7. 5071
  8. 5072
  9. 5073
  10. 5081
  11. 5082
  12. 5082.1
  13. 5083
  14. 5084
  15. 5085
  16. 5086
  17. 5086.2
  18. 5086.1
  19. 5087
  20. 5088
  21. 5089
  22. 5090
  23. 5091
  24. 5096
  25. 5096.1
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