DIVISION 1. PROPERTY TAXATION 50-5911›PART 2. ASSESSMENT 201-1367›CHAPTER 3. Assessment Generally 401-681›ARTICLE 4. Property Escaping Assessment 531-538
§ 532.2
California Revenue and Taxation Code · 2020-11 edition · updated 2026-10-04 · California
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:
(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.
(Amended by Stats. 1992, Ch. 1180, Sec. 7. Effective January 1, 1993.)
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