§ 44-72-3. Definitions.
The following words and phrases as used in this chapter have the following meanings:
(1) "Administrator� means the tax administrator within the department of revenue.
(2) "Assessed value� means the assessed value of the real estate as of December 31 of
the corresponding taxable year in accordance with § 44-5-12.
(3) "Non-owner occupied� means that the residential property does not serve as the owner's
primary residence and is not occupied by the owner of the property for a majority
of days during
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§ 44-72-3. Definitions.
The following words and phrases as used in this chapter have the following meanings:
(1) "Administrator� means the tax administrator within the department of revenue.
(2) "Assessed value� means the assessed value of the real estate as of December 31 of
the corresponding taxable year in accordance with § 44-5-12.
(3) "Non-owner occupied� means that the residential property does not serve as the owner's
primary residence and is not occupied by the owner of the property for a majority
of days during a given taxable year.
(4) "Non-owner occupied tax� means the assessment imposed upon the non-owner occupied
residential property assessed at one million dollars ($1,000,000) or more pursuant
to this chapter and as adjusted pursuant to § 44-72-6.
(5) "Person� means any individual, corporation, company, association, partnership, joint
stock association, and the legal successor thereof or any other entity or group organization
against which a tax may be assessed.
(6) "Taxable year� means July 1 through June 30.