Indiana Code 6-1.1-49-8. Changes in ownership
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Indiana Code 6-1.1-49-8
- homestead: refers to a homestead that has been granted a standard deduction under Indiana Code 6-1.1-49-1
- qualified individual: means an individual who:
Indiana Code 6-1.1-49-3
Sec. 8. If the ownership of a homestead for which a qualified individual received a credit under this chapter changes, and the qualified individual no longer owns or principally resides in the homestead, the county auditor shall remove the designation of the individual as a qualified individual with respect to that homestead.
As added by P.L.95-2023, SEC.1.