Georgia § 48-5-73 - Limitations on grant of homestead tax deferral.
Full text of Georgia Official Code of Georgia Annotated § 48-5-73 — Limitations on grant of homestead tax deferral., with citation guidance and answers to common questions.
§ 48-5-73. Limitations on grant of homestead tax deferral.
No tax deferral in any one year shall be granted pursuant to Code Section 48-5-72: If the total amount of deferred taxes and interest plus the total amount of all other unsatisfied liens on the homestead exceeds 85 percent of the fair market value of the homestead as shown on the county tax digest for the immediately preceding tax year; If the applicant's gross household income for the immediately preceding calendar year exceeds $15,000.00; If the homestead for which the deferral is sought is subject to any lien, the terms of which are dictated by federal law, rule, or regulation prohibiting deferral of taxes; or With respect to taxes levied to retire bonded indebtedness or for special assessments. (Code 1933, § 91A-2404, enacted by Ga. L. 1980, p. 1707, § 1; Ga. L. 1981, p. 1857, § 24.)
Frequently Asked Questions About Georgia § 48-5-73
What does Official Code of Georgia Annotated § 48-5-73 cover?
Section 48-5-73 ("Limitations on grant of homestead tax deferral.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 48-5-73?
A common citation format is "Official Code of Georgia Annotated § 48-5-73" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 48-5-73 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.