Hawaii Revised Statutes 53-14 – Agency exempt from real property taxes
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Terms Used In Hawaii Revised Statutes 53-14
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
The redevelopment agency shall be exempt from real property taxes upon any of its land or buildings so long as title is held by it, but not exceeding two years from the date of their acquisition; provided that the tax exemption shall not apply to any land or structure from which the agency is receiving an income.