Section 5083 Of Article 5. Cancellation Of Taxes On Exempt Property From California Revenue And Taxation Code >> Division 1. >> Part 9. >> Chapter 4. >> Article 5.
5083
. 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.