§ 26-26-1115 - Apportionment of realty taxes.
26-26-1115. Apportionment of realty taxes.
(a) (1) When a person acquires ownership of a portion of a parcel of realty during the time of year when the county assessor is not making changes in the assessment book, that person may request the county assessor to apportion the current assessment between the remaining portion of the parcel and that acquired by the person making the request; provided, however, that:
(A) All necessary deeds and papers proving ownership of the portion have been filed with the county recorder;
(B) No provision has been made for payment of taxes on the realty at the time the person acquired the portion; and
(C) The request is made at least thirty (30) days before the last day to pay taxes on the assessment year in question.
(2) The request shall be in writing, signed by the owner, and shall include a complete legal description of the entire parcel and a complete legal description of the parcel being conveyed.
(b) The provisions of this section shall not apply to any parcel of realty on which there is an actual tax delinquency at the time the request for allocation is made.
(c) The county assessor shall allocate the assessment within thirty (30) days after the request and shall provide the information included in the allocation to the county collector.
(d) (1) The county collector, after receiving notification of the allocation, shall accept payment in full toward any prior year's taxes currently due according to the values provided in the notification.
(2) Payment may be applied to the current tax bill as a partial payment, or a separate parcel number may be assigned to the portion and receipted to the new number.
(e) Payment shall be considered as satisfying the tax lien for that portion of the prior year's taxes as legally defined in the notification.