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Texas AG Rules on Valuation of Mixed-Use Property that Includes Residence Homestead

By Thomas Canby posted 05-04-2016 08:50

  

On May 3, 2016, the Texas Attorney General released Opinion KP-0081 (2016) on “Whether Tax Code section 33.06 authorizes ad valorem property tax deferral on mixed-use property.”

The summary to the opinion states:

“A court would likely conclude that section 33.06 of the Tax Code impliedly authorizes a district to investigate facts recited in an affidavit for deferral, request additional information, and allow or deny a deferral as warranted by the law and facts. An appraisal district may grant deferral on mixed-use property provided that all uses are compatible with occupancy as a residence homestead. Whether an owner occupies an entire parcel as a residence homestead will depend on the particular facts.

Section 33.06 of the Tax Code does not authorize an appraisal district to require a property owner to provide a survey at the owner's expense in order to claim entitlement to tax deferral under subsection 33.06(a) of the Tax Code.”

To read the Opinion, click on the link below. 
https://www.texasattorneygeneral.gov/opinions/opinions/51paxton/op/2016/kp0081.pdf
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