Assertion: homestead exemption | /r/CapableOf | apply to a leasehold interest
Facets:
value: in a parcel of property
type: LOCATION
Source sentences:
text: This homestead exemption shall also apply to a leasehold interest in a parcel of property improved with a permanent structure that is a single family residence that is occupied as a residence by a person who (i) is 65 years of age or older during the taxable year, (ii) has a maximum household income of $55,000 in taxable years 2008 through 2016; for taxable year 2017, $65,000 for qualified property located in a county with 3,000,000 or more inhabitants and $55,000 for qualified property located in a county with fewer than 3,000,000 inhabitants; and for taxable years 2018 and thereafter, $65,000 for all qualified property.