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 REAL PROPERTY DEDICATED in PERPETUITY for CONSERVATION, EXEMPTION APPLICATION 2012

2012-2025 Form

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how much can you save when you apply your homestead exemption well it does vary across the states it varies across the counties and it also varies across the cities but to give you a realistic expectation take this property as an example this is what a property card looks like that your county will send you and as you can see the proposed market value rose to two hundred and ninety two thousand one hundred and sixty nine dollars but thanks to the homestead exemption there was a ten percent cap on the rise of the appraised value which reduced the taxable value to 236 thousand five hundred dollars now had that not been done based off of the county the hospital system the college system the school system and the city that this property is on the property taxes on this property would have amounted to 7 522 however thanks to the homestead exemption and all of the benefits that come from it the property taxes on this home are now 5473 which gave this homeowner a savings of 2004 dollars this

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