Rev. & Tax. Code, § 532 · Article 4. Property Escaping Assessment
Rev. & Tax. Code, § 532
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) Except as provided in subdivision (b), any assessment made pursuant to either Article 3 (commencing with Section 501) or this article shall be made within four years after July 1 of the assessment year in which the property escaped taxation or was underassessed.
(b) (1) Any assessment to which the penalty provided for in Section 504 must be added shall be made within eight years after July 1 of the assessment year in which the property escaped taxation or was underassessed.
(2) Any assessment resulting from an unrecorded change in ownership for which either a change in ownership statement, as required by Section 480 or a preliminary change in ownership report, as required by Section 480.3, is not timely filed with respect to the event giving rise to the escape assessment or underassessment shall be made within eight years after July 1 of the assessment year in which the property escaped taxation or was underassessed. For purposes of this paragraph, an “unrecorded change in ownership” means a deed or other document evidencing a change in ownership that was not filed with the county recorder’s office at the time the event took place.
(3) Notwithstanding paragraphs (1) and (2), in the case where property has escaped taxation, in whole or in part, or has been underassessed, following a change in ownership or change in control and either the penalty provided for in Section 503 must be added or a change in ownership statement, as required by Section 480.1 or 480.2 was not filed with respect to the event giving rise to the escape assessment or underassessment, an escape assessment shall be made for each year in which the property escaped taxation or was underassessed.
(4) Notwithstanding any other law, in the case where property that is owned by a community land trust and was previously exempt pursuant to Section 214.18 becomes subject to taxation pursuant to subdivision (d) of that section, any assessment made in the amount of an exemption, or that portion of the exemption, previously allowed pursuant to Section 214.18 shall be made within five years of the lien date following the date on which the property becomes subject to taxation.
(c) For purposes of this section, “assessment year” means the period defined in Section 118.
Notes and commentary — not statutory text
History
Amended by Stats. 2019, Ch. 669, Sec. 5. (SB 196) Effective January 1, 2020.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=RTC§ionNum=532.
- Text hash
- sha256 d15012e49c485a2c8d51211f5b64f541abc9b0b0e621343651842ffa29df7cb0
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Revenue and Taxation Code
- Rev. & Tax. Code, § 118Printed as Section 118
- Rev. & Tax. Code, § 214.18Printed as Section 214.18
- Rev. & Tax. Code, § 480Printed as Section 480
- Rev. & Tax. Code, § 480.1Printed as Section 480.1 or 480.2
- Rev. & Tax. Code, § 480.2Printed as Section 480.1 or 480.2
- Rev. & Tax. Code, § 480.3Printed as Section 480.3
- Rev. & Tax. Code, div. 1, pt. 2, ch. 3, art. 3Arbitrary and Penal AssessmentsPrinted as Article 3 (commencing with Section 501)
- Rev. & Tax. Code, § 503Printed as Section 503
- Rev. & Tax. Code, § 504Printed as Section 504
Cited by 9 provisions
Provisions in this library whose text cites Rev. & Tax. Code, § 532. Each shows the citation as that text prints it.
Revenue and Taxation Code
- Rev. & Tax. Code, § 62.2Printed as Section 532
- Rev. & Tax. Code, § 214.15.1Printed as Section 532
- Rev. & Tax. Code, § 280Printed as Section 532
- Rev. & Tax. Code, § 401.10Printed as Section 532
- Rev. & Tax. Code, § 531.7Printed as Section 532
- Rev. & Tax. Code, § 532.1Printed as Section 532
- Rev. & Tax. Code, § 532.2Printed as Section 532
- Rev. & Tax. Code, § 534Printed as Section 532
- Rev. & Tax. Code, § 4831.5Printed as Sections 532 and 532
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.