| | | 5.__Gross rent.__"Gross rent" means rental paid at arm's | | length solely for the right of occupancy of a homestead, | | exclusive of charges for any utilities, services, furniture, | | furnishings or appliances furnished by the landlord as part of | | the rental agreement, whether or not expressly set out in the | | rental agreement. If the landlord and tenant have not dealt with | | each other at arm's length, and the State Tax Assessor is | | satisfied that the gross rent charged was excessive, the State | | Tax Assessor may adjust the gross rent to a reasonable amount for | | purposes of this chapter. |
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| | | 6.__Homestead.__"Homestead" means any residential property in | | this State assessed as real property owned or rented by a | | claimant or held in a revocable living trust for the benefit of | | the claimant and occupied by the claimant and the claimant's | | dependents as the claimant's permanent residence.__A homestead | | may consist of a part of a multidwelling or multipurpose building | | and a part of the land, up to 10 acres, upon which it is built.__ | | If the homestead is located in a multiunit building, the | | homestead is the portion of the building actually used as the | | principal dwelling and its percentage of the value of the common | | elements and of the value of the tax lot upon which it is built.__ | | The percentage is the value of the unit consisting of the | | homestead compared to the total value of the building exclusive | | of the common elements, if any.__For purposes of this subsection, | | "owned" includes a vendee in possession under a land contract and | | of one or more joint tenants or tenants in common.__"Homestead" | | does not include any real property used solely for commercial | | purposes. |
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| | | 7.__Household.__"Household" means a claimant and spouse and | | members of the household for whom the claimant under this chapter | | is entitled to claim an exemption as a dependent under Part 8 for | | the year for which relief is requested. |
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| | | 8.__Household income.__"Household income" means all income | | received by all persons of a household in a calendar year while | | members of the household. |
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| | | 9.__Household income eligibility adjustment factor.__ | | "Household income eligibility adjustment factor" means one plus | | the annualized cost-of-living adjustments for Social Security | | retirement benefits during the year for which relief is | | requested. |
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| | | 10.__Income.__"Income" means the sum of Maine adjusted gross | | income determined in accordance with Part 8, the amount of | | capital gains excluded from adjusted gross income, the absolute | | value of the amount of trade or business loss, net operating loss | | carry-over, capital loss, rental loss, farm loss, partnership or | | S Corporation loss included in adjusted gross income, alimony, |
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