Maine Revised Statutes > Title 36 > Part 9 > Chapter 907 – Maine Residents Property Tax Program
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Terms Used In Maine Revised Statutes > Title 36 > Part 9 > Chapter 907 - Maine Residents Property Tax Program
- Adult: means a person who has attained the age of 18 years. See Maine Revised Statutes Title 1 Sec. 72
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
- Benefit base: means property taxes accrued or rent constituting property taxes accrued. See Maine Revised Statutes Title 36 Sec. 6201
- Bureau: means the Bureau of Revenue Services, which may be referred to as "Maine Revenue Services. See Maine Revised Statutes Title 36 Sec. 111
- Claimant: means an individual who has filed a claim under this chapter and who was domiciled in this State and occupied a homestead in this State during the entire year for which a claim for relief under this chapter is filed. See Maine Revised Statutes Title 36 Sec. 6201
- Code: means the United States Internal Revenue Code of 1986 and amendments to that Code as of December 31, 2022. See Maine Revised Statutes Title 36 Sec. 111
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Dependent: A person dependent for support upon another.
- Elderly household: means a household in which, during the year for which relief is requested:
A. See Maine Revised Statutes Title 36 Sec. 6201Gross rent: means rental paid at arm's length solely for the right of occupancy of a homestead, exclusive of charges for any utilities, services, furniture, furnishings or personal property appliances furnished by the landlord as part of the rental agreement, whether or not expressly set out in the rental agreement. See Maine Revised Statutes Title 36 Sec. 6201 Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs. Homestead: means the dwelling owned or rented by the claimant or held in a revocable living trust for the benefit of the claimant and occupied by the claimant and the claimant's dependents as a home, and may consist of a part of a multidwelling or multipurpose building and a part of the land, up to 10 acres, upon which it is built. See Maine Revised Statutes Title 36 Sec. 6201 Household: means a claimant and spouse and members of the household for whom the claimant under this chapter is entitled to claim an exemption as a dependent under Part 8 for the year for which relief is requested. See Maine Revised Statutes Title 36 Sec. 6201 Household income: means all income received by all persons of a household in a calendar year while members of the household. See Maine Revised Statutes Title 36 Sec. 6201 Household income eligibility adjustment factor: means one plus the annualized cost-of-living adjustments for Social Security retirement benefits during the year for which relief is requested. See Maine Revised Statutes Title 36 Sec. 6201 Income: means Maine adjusted gross income determined in accordance with Part 8, modified as provided by this subsection. See Maine Revised Statutes Title 36 Sec. 6201 Lawsuit: A legal action started by a plaintiff against a defendant based on a complaint that the defendant failed to perform a legal duty, resulting in harm to the plaintiff. Month: means a calendar month. See Maine Revised Statutes Title 1 Sec. 72 Mortgagee: The person to whom property is mortgaged and who has loaned the money. Owned: includes a vendee in possession under a land contract and of one or more joint tenants or tenants in common and includes possession under a legally binding agreement that allows the owner of the dwelling to transfer the property but continue to occupy the dwelling as a home until some future event stated in the agreement. See Maine Revised Statutes Title 36 Sec. 6201 Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses. Person: means an individual, firm, partnership, association, society, club, corporation, financial institution, estate, trust, business trust, receiver, assignee or any other group or combination acting as a unit, the State or Federal Government or any political subdivision or agency of either government. See Maine Revised Statutes Title 36 Sec. 111 Personal property: All property that is not real property. Property taxes accrued: means property taxes exclusive of special assessment, delinquent interest and charges for service levied on a claimant's homestead in this State as of April 1, 1972, or any tax year thereafter. See Maine Revised Statutes Title 36 Sec. 6201 Rent constituting property taxes accrued for an elderly household: means 25% of the gross rent actually paid in cash or its equivalent in any tax year by a claimant and the claimant's household solely for the right of occupancy of their Maine homestead in the tax year and which rent constitutes the basis, in the succeeding calendar year, of a claim for relief under this chapter by the claimant. See Maine Revised Statutes Title 36 Sec. 6201 Rent constituting property taxes accrued for nonelderly household: means 20% of the gross rent actually paid in cash or its equivalent in any tax year by a claimant and the claimant's household solely for the right of occupancy of their Maine homestead in the tax year and which rent constitutes the basis, in the succeeding calendar year, of a claim for relief under this chapter by the claimant. See Maine Revised Statutes Title 36 Sec. 6201 Tax: means the total amount required to be paid, withheld and paid over or collected and paid over with respect to estimated or actual tax liability under this Title, any credit or reimbursement allowed or paid pursuant to this Title that is recoverable by the assessor and any amount assessed by the assessor pursuant to this Title, including any interest or penalties provided by law. See Maine Revised Statutes Title 36 Sec. 111 unit: refers to the parcel of property separately assessed of which the homestead is a part. See Maine Revised Statutes Title 36 Sec. 6201 Year: means a calendar year, unless otherwise expressed. See Maine Revised Statutes Title 1 Sec. 72 Year for which relief is requested: means the calendar year preceding that in which the claim is filed. See Maine Revised Statutes Title 36 Sec. 6201