Habitat exempt from on tax vacant lot

Habitat exempt from on tax vacant lot

The Supreme Court of Oregon has overruled a Tax Court decision and held that a vacant lot acquired by an affiliate of Habitat for Humanity and being held for the construction of a house for a low-income family is exempt from real estate tax even before construction has been started.  The Tax Court had held that the property was not “actually and exclusively occupied or used” by Habitat in its charitable purposes.

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