Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2014
Property Tax Annotations
505.0000 HOMEOWNERS' EXEMPTION
505.0130 Types of Property. An owner-occupant of any of the following types of property may qualify for the exemption with respect to that portion of the property occupied:
1. A rooming house.
2. A duplex. If owned by a two-member partnership where each side is a principal residence, each side would qualify.
3. A multiple-family residential property.
4. A motel.
5. An apartment in a structure owned by nonprofit corporation or cooperative housing corporation. LTA 3/23/1982 (No. 82/50).