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12.05 New Housing Program—obligation Of Transferee If Property Contains Residential Improvement On Registration Date

In This Volume

12.05 A transferee who has applied for an exemption under section 12.02 or 12.03 or a refund under section 12.04 must,

  • (a) beginning on a date that is not more than 92 days after the registration date, and
  • (b) continuing to a date that is not earlier than the first anniversary of the registration date,
  • inhabit as the transferee’s principal residence a residential improvement that the property contained on the registration date.

2016-3-54, effective February 17, 2016.