Sec. 25.16. PROPERTY LOSING EXEMPTION DURING TAX YEAR. (a) If an exemption applicable to a property on January 1 terminates during the tax year, the property shall be listed in the name of the person who owns or acquires the property on the date applicability of the exemption terminates.
(b) The chief appraiser shall make an entry on the appraisal records showing that taxes on the property are to be calculated as provided by Section 26.10 of this code and showing the date on which exemption terminated.
Acts 1979, 66th Leg., p. 2273, ch. 841, Sec. 1, eff. Jan. 1, 1982. Amended by Acts 1981, 67th Leg., 1st C.S., p. 159, ch. 13, Sec. 105, eff. Jan. 1, 1982.
Structure Texas Statutes
Subtitle D - Appraisal and Assessment
Section 25.01. Preparation of Appraisal Records
Section 25.011. Special Appraisal Records
Section 25.02. Form and Content
Section 25.025. Confidentiality of Certain Home Address Information
Section 25.027. Restriction on Posting Information on Internet Website
Section 25.04. Separate Estates or Interests
Section 25.06. Property Encumbered by Possessory or Security Interest
Section 25.07. Leasehold and Other Possessory Interests in Exempt Property
Section 25.09. Condominiums and Planned Unit Developments
Section 25.10. Standing Timber
Section 25.11. Undivided Interests
Section 25.12. Mineral Interest
Section 25.13. Exempt Property Subject to Contract of Sale
Section 25.135. Qualifying Trusts
Section 25.16. Property Losing Exemption During Tax Year
Section 25.17. Property Overlapping Taxing Unit or Appraisal District Boundaries
Section 25.18. Periodic Reappraisals
Section 25.19. Notice of Appraised Value
Section 25.192. Notice of Residence Homestead Exemption Eligibility
Section 25.193. Notice of Certain Canceled or Reduced Exemptions
Section 25.195. Inspection by Property Owner
Section 25.20. Access by Taxing Units
Section 25.21. Omitted Property
Section 25.22. Submission for Review and Protest
Section 25.23. Supplemental Appraisal Records