Laws, Regulations & Annotations

PTLG Table of Contents > Property Tax Annotations > P > 690.0000 PUBLIC SCHOOLS EXEMPTION > 690.0005

Property Taxes Law Guide – Revision 2017

Property Tax Annotations

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P

690.0000 PUBLIC SCHOOLS EXEMPTION

Annotation 690.0005

690.0005 Eligibility and Termination. Eligibility for the exemption is to be determined as of the lien date each year. Property which is leased or rented for such purposes can only be exempted after compliance with the claim provisions of the Revenue and Taxation Code.

The exemption is not terminated at once but must be determined as of the lien date next following the expiration of the lease or rental agreement. OAG 7/8/1975 (No. CV 75-60, Vol. 58, p. 538).