For the purpose of this subchapter, the following definitions shall apply unless the context clearly indicates or requires a different meaning.
BASE YEAR. The year before the year for which the application for deferral of taxes is first claimed.
HOUSEHOLD INCOME. Total income from whatever source derived, including but not limited to realized capital gains, pension, annuity, retirement and social security benefits received by all persons living in the dwelling except the live-in caretaker or care-giver, who has another primary residence. HOUSEHOLD INCOME shall be determined on the basis of the calendar year ending with the date of assessment for the tax year for which the deferral is claimed.
INCOME. All funds received by a person from whatever source derived, including, but not limited to, realized capital gains, and, in their entirety, pension, annuity, retirement and social security benefits. Income shall be determined on the basis of the calendar year ending with date of assessment for the year for which freeze is claimed.
QUALIFIED PROPERTY. An owner occupied, single family residence, with no accessory family dwelling unit or commercial component or use.
QUALIFIED RESIDENT. A resident of the town who:
(1) Is 65 years of age or older as of the assessment date for the year for which the deferral is claimed;
(2) Is one of the lawful owners of the property for which the deferral is claimed and has continuously been a lawful owner of that property for a period not less than 20 years ending on the date of assessment for the year for which the deferral is claimed;
(3) Occupies the subject property as his or her principal residence;
(4) Who has a household income of not more than $50,000.
RESIDENT. A person legally domiciled within the town for a period of at least 20 years ending with
the date of assessment for the year for which the deferral is claimed and who continues to be legally domiciled in the town during the period for which the deferral is claimed. Residency must be for at least nine months per annum. Mere seasonal or temporary residence in town, of whatever duration, shall not constitute domicile for the purposes of this section. Absence from the town for 12 months shall be prima facie evidence of termination or abandonment of domicile. The burden of establishing domicile in the town shall be on the applicant.
('73 Code, § 24A-6) (Ord. passed 9-15-82; Am. Ord. passed 7-3-03)