Maryland Assessment Procedure Manual
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Category: | Tax Credits | Category No.: | 012 | Subject: | Application | Subject No.: | 020 | Topic: | Item 13 - Principal Residence and Live There Since - Homeowners | Topic No.: | 113 | Date Issued: | 5/1/1988 | Revision Date: | | Item 13 Will you reside in the property on July 1 and for 6 months thereafter?
The purpose of this item is to emphasize to the applicant that he or she may only apply for a tax credit on the dwelling which is used as the principal residence as of July 1. The additional statement here about residing in the property for 6 months means that the applicant must have a reasonable expectation to reside in the property for that time period at least as of the time the application is made.
If an applicant fails to answer this question, then an inquiry should be made only in cases of new applicants who did not apply for a tax credit on the property in a prior year |
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