If a house us exempt from the lpt due to the owner being in a hospital /nursing home, does that exemption continue after they die? Rev unclear on this. If person themselves moves back in then apparently it's ok, but unclear what happens when they die. Although the faq says exemption continues even if property passes under inheritance. But! If inheritee uses the property themselves or sells it, surely exemption no longer applies?!? Surely must be a good few cases like this with ill people who then pass away.
If a house us exempt from the lpt due to the owner being in a hospital /nursing home, does that exemption continue after they die? Rev unclear on this. If person themselves moves back in then apparently it's ok, but unclear what happens when they die. Although the faq says exemption continues even if property passes under inheritance. But! If inheritee uses the property themselves or sells it, surely exemption no longer applies?!? Surely must be a good few cases like this with ill people who then pass away.
Okay, but it says that spouse etc can live there notwithstanding the exemption. ..or am I reading it wrong?
It won't let me quote but basically paragraph 3.3 Vacant Property on that link you sent.
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