Summer 2012 – Newsletter
Maricopa County Real Estate Taxes
The Arizona Legislature recently passed a law which requires all residential real property currently identified as owner-occupied to be reclassified as either primary or non-primary residence. This re-classification will be applied to the owner’s 2012 property tax bill. The County has recently reviewed their assessment rolls and is mailing questionnaires to those real estate property owners that have more than one owner-occupied property on the rolls. The new law allows only one (1) residential property to qualify as a primary residence, unless a qualifying relative resides in the property. If you receive one of these questionnaires or have more questions regarding this new law, please give us a call.