Sec. 74-32. - Same—Application to real and personal property; limit on exemptions granted to multiple owners.

An exemption, when granted pursuant to section 74-31, may be applied to either the real property or the personal property owned by the taxpayer but may not be apportioned between real and personal property; provided, further, that only one such exemption may be granted to real property owned by joint tenants, tenants by the entireties, or tenants in common, or personal property owned by joint tenants or tenants in common.

(Code 1971, § 21-17)