Texas Tax Code 5.061 – Explanation of Information Related to Heir Property
Terms Used In Texas Tax Code 5.061
- Comptroller: means the Comptroller of Public Accounts of the State of Texas. See Texas Tax Code 1.04
- Heir property: means real property:
(A) owned by one or more individuals, at least one of whom claims the property as the individual's residence homestead; and
(B) acquired by the owner or owners by will, transfer on death deed, or intestacy, regardless of whether the interests of the owners are recorded in the real property records of the county in which the property is located. See Texas Tax Code 1.04 - Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Property: means real and personal property. See Texas Government Code 311.005
The comptroller shall prepare and electronically publish a pamphlet that provides information to assist heir property owners in applying for a residence homestead exemption authorized by Chapter 11. The pamphlet must include:
(1) a list of the residence homestead exemptions authorized by Chapter 11;
(2) a description of the process for applying for an exemption as prescribed by § 11.43;
(3) a description of the documents an owner is required by § 11.43(o) to submit with an application to demonstrate the owner’s ownership of an interest in heir property;
(4) contact information for the division of the State Bar of Texas from which a person may obtain a listing of individuals and organizations available to provide free or reduced-fee legal assistance; and
(5) a general description of the process by which an owner may record the owner’s interest in heir property in the real property records of the county in which the property is located.