(A) The person claiming the exemption shall file annually with the Commissioner of the Revenue, on forms to be supplied by the Commissioner of the Revenue, an affidavit setting forth the names of the related persons occupying the real estate and that the total combined net worth, including equitable interests and the combined income from all sources of the person as specified in § 34.017, does not exceed the limits prescribed in this subchapter.
(B) This affidavit shall be filed after February 1 but before March 1 of each calendar year.
(C) The Commissioner of the Revenue shall also make further inquiry of a person seeking the exemption, requiring answers under oath as may be reasonably necessary, to determine qualifications therefor as specified in this section. The Commissioner of the Revenue may in addition require the production of certified tax returns and any other records to establish the income or financial worth of any applicant for tax relief.
(1997 Code, § 62-60)