Section 206.27. Homestead property tax credit; "owner" defined.  


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  • (1) The term "owner," for the purpose of claiming      a    homestead property tax credit, means a natural person who owns his home or is:

    (a)   Purchasing a homestead under a mortgage or land contract.

    (b)   Purchasing a dwelling on leased land.

    (c)   A tenant stockholder of a cooperative housing corporation.

    (d)  Holding a life lease in a homestead previously sold.

    (e)   The sole occupant of a homestead in which he is a joint owner.

    (2) Claimants not related as husband  and  wife, who  jointly   own  and occupy the same dwelling, shall file separate  claims on their prorated share of the taxes.

History: 1979 AC.