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What is Principal Residence Exemption (PRE) Active Duty Military Affidavit?

April 26, 2017active Affidavit duty Military Principal Residence

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What is Principal Residence Exemption (PRE) Active Duty Military Affidavit?

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A person with an established Principal Residence Exemption (PRE) to retain that PRE while on active duty in the United States armed forces if the principal residence is rented or leased. Property that currently qualifies as a principal residence continues to qualify for three years after any portion of the dwelling or unit included in, or constituting the principal residence, is rented or leased to another person and is used as a residence.