RCW 84.38.010
Legislative finding and purpose.
Savings once deemed adequate for retirement living have been rendered inadequate by increased tax rates, increased property values, and the failure of pension systems to adequately reflect such factors. It is therefore deemed necessary that the legislature, in addition to that tax exemption as provided for in RCW 84.36.381 through 84.36.389 as now or hereafter amended, allow retired persons to defer payment of special assessments on their residences, and to defer their real property tax obligations on their residences, an amount of up to eighty percent of their equity in said property. This deferral program is intended to assist retired persons in maintaining their dignity and a reasonable standard of living by residing in their own homes, providing for their own needs, and managing their own affairs without requiring assistance from public welfare programs.
[ 1975 1st ex.s. c 291 § 26.]
Structure Revised Code of Washington
Chapter 84.38 - Deferral of Special Assessments And/or Property Taxes.
84.38.010 - Legislative finding and purpose.
84.38.030 - Conditions and qualifications for claiming deferral.
84.38.060 - Declaration of deferral by agent, guardian, etc.
84.38.070 - Ceasing to reside permanently on property subject to deferral declaration.
84.38.080 - Right to deferral not reduced by contract or agreement.
84.38.090 - Procedure where residence under mortgage or purchase contract.
84.38.100 - Lien of state, mortgage or purchase contract holder—Priority—Amount—Interest.
84.38.110 - Duties of county assessor.
84.38.120 - Payments to local improvement or taxing districts.
84.38.130 - When deferred assessments or taxes become payable.
84.38.140 - Collection of deferred assessments or taxes.
84.38.150 - Election to continue deferral by surviving spouse or surviving domestic partner.
84.38.160 - Payment of part or all of deferred taxes authorized.
84.38.170 - Collection of personal property taxes not affected.
84.38.180 - Forms—Rules and regulations.