02 – SCA 9 – Exclusion of Cohabitants in Property Tax Re-Assessment

Authorize counties to exclude from property tax re-assessment any transfer of ownership in a principal residence located within that county between that residence’s co-owners, if those parties co-owned and continuously lived in the residence for 3 years immediately before the transfer occurs, on or before January 1, 2005, by reason of the transferor’s death.