Under the existing legislative implementation of Amendment 47 to the state constitution, a life tenant (i.e., one who holds only a life estate) in residential real property does not have a legally sufficient interest in the property to qualify for an exemption from the first fifty dollars of real property taxes due and payable as to such property.
AGO 1967 NO. 11 > Mar 22 1967
TAXATION - EXEMPTION - ELIGIBILITY OF LIFE TENANT FOR TAX EXEMPTION UNDER CHAPTER 168, LAWS OF 1965, EX. SESS.