| To Qualify: |
1) Property must be owner
occupied
2) If tenant occupied, tenant must be responsible for paying property
taxes
3) Property must be a residential single family home, town home, or
condominium |
| Documents Needed: |
a) None for owner occupied
properties
b) Copy of lease showing tenant is responsible for paying property
taxes |
| Process: |
When a qualified residential
property is completed and occupied, our office automatically
processes that property to receive the residential homestead exemption.
No action is required of
the property owner. Once granted, the exemption renews automatically
each year. |
| Effect: |
The residential homestead
exemption exempts $5000 of assessed value. Click
here for estimate
of property tax savings. |
| Questions ?: |
Call our Taxpayers Service
Department at 630-529-6927 |
