After the exemption is approved, how often is the property owner required to update the record or re-apply?
Once an exemption is approved it is not necessary to reapply each year. If there are changes, however, in the ownership or use of the property which might affect the property’s exempt status, it is the organization’s responsibility to promptly notify both the Assessor of Property and the State Board of Equalization.
Related Questions
- What if I didnt have a Contract directly with the Owner of the Property? Can I still record a Mechanics Lien against the property?
- After the exemption is approved, how often is the property owner required to update the record or re-apply?
- Can a property owner/manager ask whether or not a potential renter has a past felony record?
