Get Rctrustee

Tennessee's property taxes are on the more affordable side. Data from 2022 had Tennessee's average effective property tax rate as 0.71%....Tennessee counties with the lowest property taxes, also based on average effective rate, are: Cumberland County: 0.38% Fayette County: 0.40% Sevier County: 0.41%

Eligibility Requirements for an Elderly Homeowner Must be 65 or older on or before December 31, 2022. Must provide evidence of age such as Medicare card and/or driver's license. Must own and use the property on which you are applying as your primary residence.

A municipality is barred from collecting property taxes after the lapse of ten (10) years from April 1 of the year following the year in which such taxes become delinquent. T.C.A. § 67-5-1806.

It depends, under certain circumstances a party's payment of property taxes can create a rebuttable presumption that the party has title, or ownership, to the property in question. These requirements are addressed in Tennessee Code Annotated §§ 28-2-109 & 110.

Be 65 years of age or older by the end of the year in which the application is filed. Have an income from all sources that does not exceed the county income limit established for that tax year.

Tennessee state law provides for property tax relief for low-income elderly and disabled homeowners, as well as disabled veteran homeowners or their surviving spouses.

The State of Tennessee passed legislation that permits counties to “freeze” property tax amounts for homeowners who are 65 or older on or before December 31, 2022 and the combined 2021 annual income for you, your spouse and all other owners of the property cannot exceed $42,440.

The owner of the property must be a qualifying religious, charitable, scientific, or nonprofit educational organization eligible to receive a property tax exemption.