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Type of Exemption Form

Type of Exemption Form

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what is a homeowner's exemption well a homeowner's exemption is a property tax exemption and the state of California Constitution actually provides the exemption of up to seven thousand dollars in assessed value from the property tax of any property owned and occupied and as owner's principal place of residence so this means that the exemption removes up to 70 to 80 dollars from your annual Property Tax Bill kind of like a reoccurring gift card that you get every year so giddy up really there's no reason to forego the benefit there is a catch and that's not automatically done for you so when you purchase your home you'll need to apply [Music] foreign [Music] so one of the easiest ways to save money on your property tax bill is to complete the homeowner's property tax exemption what are the qualifications pretty easy you must be its owner or co-owner and must use the property as your principal place of residence as of January 1st o

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