10-6B-4. Requirements for reduction of real property taxes due on single family dwelling.

132 words·~1 min read·/sd/title-10/chapter-10-6/10-6b-4

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Any person making application under the provisions of this chapter is entitled to a reduction of the real property taxes due on his single family dwelling according to the schedule provided in §§ 10-6B-6 and 10-6B-7 , provided the following conditions are met:

(1)The head of a household is sixty - five years of age or older or is disabled, prior to January first of the year in which the real property is assessed and the taxes levied thereon;

(2)The person claiming a reduction has owned, either in fee or by contract purchase, and has resided in the real property for which the reduction is claimed for at least five years;

(3)A claim for reduction can only be made for a single family dwelling as defined in subdivision 10-6B-1(6).