{"data":{"id":"us-in/ic-6-1.1-12-39","jurisdiction":"us-in","citation":"IC 6-1.1-12-39","heading":"Person not qualified for exemption purchasing exempt property under contract for sale; entitlement to deduction","body":"Sec. 39. (a) A person who is:\n(1) purchasing property under a contract that does not require the buyer to pay property taxes on the property; and\n(2) required to pay property taxes under IC 6-1.1-10-41;\nis eligible for a deduction granted by this chapter to the same extent as a person who is buying property under a contract that provides the contract buyer is to pay property taxes on the property.\n(b) To obtain the deduction, with the application the applicant must provide:\n(1) the same information concerning the contract that is required for contracts that require the buyer to pay property taxes; and\n(2) information that indicates that IC 6-1.1-10-41 applies to the property.","path":["TITLE 6. TAXATION","ARTICLE 1.1. PROPERTY TAXES","Chapter 12. Assessed Value Deductions and Deduction Procedures"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-1.1-12-39","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"743344d8a92ce6ebf97558c9c3c6ef7d4a98b118e80d2bc8a4ffa7c567d38456","source_id":"us-in","stale":false,"prev":"us-in/ic-6-1.1-12-38","next":"us-in/ic-6-1.1-12-40"},"notice":"GroundRules: Original legal text. Not legal advice."}