Notwithstanding Section 532, the assessor shall assess as escaped property any property for which a welfare exemption was granted while that property was âin the course of construction,â 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.
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