Texas Statutes
Subchapter C. Administration of Exemptions
Section 11.41. Partial Ownership of Exempt Property

Sec. 11.41. PARTIAL OWNERSHIP OF EXEMPT PROPERTY. (a) If a person who qualifies for an exemption as provided by this chapter is not the sole owner of the property to which the exemption applies, the exemption shall be multiplied by a fraction, the numerator of which is the value of the property interest the person owns and the denominator of which is the value of the property.
(b) In the application of this section, community ownership by a person who qualifies for the exemption and the person's spouse is treated as if the person owns the community interest of the person's spouse.
(c) An heir property owner who qualifies heir property as the owner's residence homestead under this chapter is considered the sole owner of the property for the purposes of this section.
Acts 1979, 66th Leg., p. 2244, ch. 841, Sec. 1, eff. Jan. 1, 1982. Amended by Acts 1997, 75th Leg., ch. 194, Sec. 2, eff. Jan. 1, 1998; Acts 1997, 75th Leg., ch. 1039, Sec. 15, eff. Jan. 1, 1998.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 663 (S.B. 1943), Sec. 6, eff. September 1, 2019.

Structure Texas Statutes

Texas Statutes

Tax Code

Title 1 - Property Tax Code

Subtitle C - Taxable Property and Exemptions

Chapter 11 - Taxable Property and Exemptions

Subchapter C. Administration of Exemptions

Section 11.41. Partial Ownership of Exempt Property

Section 11.42. Exemption Qualification Date

Section 11.421. Qualification of Religious Organization

Section 11.422. Qualifications of a School

Section 11.423. Qualification of Charitable Organization or Youth Association

Section 11.424. Conflict Between Governing Regulation of Nonprofit Organization, Association, or Entity and Contract With United States

Section 11.43. Application for Exemption

Section 11.431. Late Application for Homestead Exemption

Section 11.432. Homestead Exemption for Manufactured Home

Section 11.433. Late Application for Religious Organization Exemption

Section 11.434. Late Application for a School Exemption

Section 11.435. Late Application for Charitable Organization Exemption

Section 11.436. Application for Exemption of Certain Property Used for Low-Income Housing

Section 11.437. Exemption for Cotton Stored in Warehouse

Section 11.438. Late Application for Veteran's Organization Exemption

Section 11.439. Late Applications for Disabled Veterans Exemptions

Section 11.4391. Late Application for Freeport Exemption

Section 11.44. Notice of Application Requirements

Section 11.45. Action on Exemption Applications

Section 11.46. Compilation of Partial Exemptions

Section 11.47. Mail Survey of Residence Homesteads

Section 11.48. Confidential Information

Section 11.49. Legal Title Not Affected

Section 11.50. Provision of Names of Individuals Receiving Residence Homestead Exemption to Another Chief Appraiser