real property taxation Sec. 724. Nothing in this part shall be construed to exempt any real property that may be acquired and held by the Secretary as a result of the exercise of lieu or subrogation rights from real property taxation to the same extent, according to its value, as other real property is taxed.
Pub. L. 91-609, tit. VII, pt. B, sec. 724: real property taxation | Justis AI