Chapter 59, Section 5 Clause 41A
Allows seniors 65 years of age or older who meet certain income and other requirements to defer all or a portion of their real estate taxes.
Eligibility: age 65 or older
own and occupy property as of July 1st
must have been domiciled in Massachusetts for five years
gross receipts cannot exceed $40,000
Application: File with the Assessors within 3 months of the mailing of the actual tax bills
What the Assessors can do: Defer all or a portion of the real estate tax, depending on ownership %
Record a statement that applicant has entered into a Clause 41A
Recovery and Deferral Agreement at the Registry of Deeds
Total deferral, including interest, cannot exceed 50% of applicant's
proportionate share of the property
Collection Procedures: Taxes deferred are treated as if secured by a tax title
Recording fees are added to the taxes deferred
interest accrues at 4% per annum
Deferrals may be paid off at any time
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