Indiana Statutes

§ 6-1.1-12.6-7 — Application of the deduction on change of ownership

Indiana § 6-1.1-12.6-7
JurisdictionIndiana
Art. 1.1PROPERTY TAXES
Ch. 12.6Deduction for Model Residence

This text of Indiana § 6-1.1-12.6-7 (Application of the deduction on change of ownership) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 6-1.1-12.6-7 (2026).

Text

(a)If ownership of the model residence changes:
(1)a new owner that continues to use the property as a model residence may claim the deduction under this chapter; and
(2)the deduction may not be applied for an assessment date other than the assessment dates to which the deduction could have applied under section 2 of this chapter if ownership had not changed.
(b)A person who owns a model residence and claims a deduction under this chapter shall provide to the county auditor a notice that:
(1)informs the auditor of a transfer of the ownership of the model residence; and
(2)indicates whether the new owner is eligible to receive a deduction under this chapter. The notice required by this subsection must be submitted to the county auditor at the same time that a sales disclosure form is

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Legislative History

As added by P.L.70-2008, SEC.1.

Nearby Sections

15
§ 6-1.1-1-1
Applicability
§ 6-1.1-1-1.5
"Assessing official"
§ 6-1.1-1-10
"Person"
§ 6-1.1-1-11
"Personal property"
§ 6-1.1-1-13
Repealed
§ 6-1.1-1-14
"Property taxation"
§ 6-1.1-1-15
"Real property"
§ 6-1.1-1-18
"State agency"
§ 6-1.1-1-19
"Tangible property"
§ 6-1.1-1-2
"Assessment date"
§ 6-1.1-1-20
"Taxing district"
§ 6-1.1-1-21
"Taxing unit"
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Bluebook (online)
Indiana § 6-1.1-12.6-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-1.1-12.6-7.