§ 5083
50 words·~1 min read·
/ca/revenue-and-taxation-code/5083·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.