Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2017
Property Tax Annotations
505.0000 HOMEOWNERS' EXEMPTION
505.0030 Escape Assessments. Where property sold on or after March 1 but before July 2 has improperly received the exemption, an escape assessment should be entered on the secured roll but interest and penalties should be forgiven. C 7/24/1979.