Must be 70 years of age by July 1 of the tax year and have owned andoccupied the property for at least 5 years - OR Be a surviving spouse - OR Be a minor child of a deceased parent Must occupy the property on July 1 of the tax year. Must file annually. Whole Estate (Not including value of home) cannot exceed $40,000
What do the Assessors need??
Birth Certificate (First time filing, only) Income Tax Returns or documentation of income. Proof of occupancy.
Life Estates satisfy ownership. If domicile is held in trust, applicant must satisfy owners requirement if he/she is a trustee or co-owner of the trust and possess a sufficient beneficial interest in the domicile through the trust. Completed application.
What can the Assessors do?? Abate $175.00 from tax bill. Must vote on it annually. Application should be filed in the Fall but
can be filed as late as 3 months after the mailing of the Actual Bill (3rd Quarter) |
