Board of Assessors of Everett v. Formosi

Michael and Mary Formosi, as tenants by the entirety, owned a building in Everett consisting of two apartments and a store. As of January 1,1964, it was assessed for $7,500. A tax of $447 was paid. The Formosi family occupied one apartment as their domicil. Formosi, who was born in either 1889 or 1890 and was thus over seventy years of age on January 1, 1964, seasonably filed bis “application for statutory exemption from real estate tax of certain elderly persons,” under G. L. c. 59, § 5, Forty-first (hereinafter called “the exemption clause”).* 1 Formosi’s income consisted of Social Security…