What is the penalty for a homeowner’s failure to let an assessor know that the home is no longer eligible for a homeowner’s exemption?a. Assessment with interest b. Assessment with penalty c. Assessment

What is the penalty for a homeowner’s failure to let an assessor know that the home is no longer eligible for a homeowner’s exemption?a. Assessment with interest

b. Assessment with penalty
c. Assessment with interest plus a 25% penalty
d. Penalty of 35% of the assessed value only

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