59-2a-901. Nondiscretionary tax and tax notice charge deferral for elderly property owners.
(1) An eligible owner may apply for a deferral under this section if: the eligible owner uses the single-family residence as the eligible owner's primary residence as of January 1 of the year for which the eligible owner applies for the deferral; with respect to the single-family residence, there are no: delinquent property taxes; delinquent tax notice charges; or outstanding penalties, interest, or administrative costs related to a delinquent property tax or a delinquent tax notice charge; the value of the single-family residence for which the eligible owner applies for the deferral is no greater than the median property value of: attached single-family residences within the county, if the single-family residence is an attached single-family residence; or detached single-family residences within the county, if the single-family residence is a detached single-family residence; or the eligible owner has owned the single-family residence for a continuous 20-year period as of January 1 of the year for which the eligible owner applies for the deferral; and the holder of each mortgage or trust deed outstanding on the single-family residence gives written approval of the deferral.
(2) If the conditions in Subsectionare satisfied and the applicant complies with the other applicable provisions of this part, a county shall defer the property tax and tax notice charges on an attached single-family residence or a detached single-family residence. (1)
(3) The values described in Subsectionare based on the county assessment roll for the county in which the single-family residence is located. (1)(c)
(4) For purposes of Subsection, ownership is considered continuous regardless of whether the single-family residence is transferred between an eligible owner who is an individual and an eligible owner that is a trust. (1)(c)(ii)