For the purpose of this subchapter, the following definitions shall apply unless the context clearly indicates or requires a different meaning.
AFFIDAVIT. The real estate tax exemption affidavit.
COMMISSIONER OF THE REVENUE. The County Commissioner of the Revenue, or any of his or her duly authorized deputies or agents.
DWELLING. The full-time residence of the person claiming exemption.
EXEMPTION. EXEMPTION from the town real estate tax according to the provisions of this subchapter.
FAIR MARKET VALUE.
(1) When applied to real estate, the appraised value and not the assessed value, as shown on the records of the Commissioner of the Revenue; and
(2) When applied to personal property, the term means the actual value as appraised by the Commissioner of the Revenue.
PROPERTY. Real property.
RELATIVE. Any relation by blood or marriage.
TAXABLE YEAR. The calendar year, from January 1 until December 31, for which exemption is claimed.
(1997 Code, § 62-57)