The fifth paragraph of clause forty-first A of section 5 of chapter 59 of the General Laws, as appearing in the 2018 Official Edition, is hereby amended by adding the following paragraph:-
The exemption set forth in this clause shall continue for a period of six months after: (i) the incapacity or death of the owner of the real property, (ii) the incapacity or death of a surviving spouse who inherits the real property and is not automatically qualified under the terms of clause 2 (Sec 41 A), or (iii) receipt of the property by heirs, assignees, or devisees, at the same reduced interest tax rate applied by the city or town in the original tax deferral and recovery agreement.
The information contained in this website is for general information purposes only. The General Court provides this information as a public service and while we endeavor to keep the data accurate and current to the best of our ability, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.