Exempt Property definition

Exempt Property means tangible personal property acquired in whole or in part with Federal funds, where the Federal awarding agency has statutory authority to vest title in the recipient without further obligation to the Fed- eral Government. An example of ex- empt property authority is contained in the Federal Grant and Cooperative Agreement Act (31 U.S.C. 6306), for property acquired under an award to conduct basic or applied research by a non-profit institution of higher edu- cation or non-profit organization whose principal purpose is conducting scientific research.

Exempt Property means the property designated as Exempt Property in Section J.

Exempt Property means all Assessor’s Parcels designated as being exempt from Special Taxes in Section J.

Examples of Exempt Property in a sentence

• Such determination shall include identifying all Assessor's Parcels that are expected to become Exempt Property.

• Such determination shall include identifying all Assessor's Parcels that are expected to be classified as Exempt Property.

• Assessor's Parcels which cannot be classified as Exempt Property because such classification would reduce the Acreage of all Taxable Property in a given Zone to less than the Minimum Taxable Acreage for such Zone will continue to be classified as Developed Property or Undeveloped Property, as applicable, and will continue to be subject to Special Taxes accordingly.

• A Condition Report shall not be required from a seller of residential property if the seller meets one of the exemptions contained in the Seller's Disclosure of Real Property Condition Report and Radon Disclosure Exempt Property Certification.

• Such determination shall include identifying all Assessors’ Parcels that are expected to become Exempt Property.

More Definitions of Exempt Property

Exempt Property means property of a decedent's estate that is described in section 2404.

Exempt Property means Assessor’s Parcels designated as being exempt from Special Taxes pursuant to Section 8.

Exempt Property means that property of a decedent's estate which is described in Section 75-2-403.

Exempt Property means all Assessor’s Parcels designated as being exempt from Special Taxes in Section K each Fiscal Year as determined May 1st of the previous Fiscal Year.

Exempt Property means that property of a decedent's estate

Exempt Property means that property of a decedent's estate that is described in 72-2-413.

Exempt Property means the property designated as being exempt from Special Taxes in Section H.