Homestead Exemption Without Drivers License In Alameda
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FAQ
The home must have been the principal place of residence of the owner on the lien date, January 1st. To claim the exemption, the homeowner must make a one-time filing with the county assessor where the property is located.
Eligibility Requirements: Homeowners must be age 55 or better (For married couples, only one spouse must be 55 or better to qualify.) Homeowners must have sold their former residence within 2 years of purchasing the replacement property. Both the former and replacement properties must be the owner's primary residence.
To qualify, you must be a property owner, co-owner, or purchaser named in a contract of sale. You must occupy your home as your principal place of residence as of January 1 of each year.
A homestead can protect the $50,000. There are two types of homesteads, automatic and declared.
You must occupy the dwelling as your principal residence as of January 1 of each year to qualify for the Homeowners' Exemption for that year.
Declared Homestead. Currently, the California homestead exemption is automatic, meaning that a homestead declaration does not need to be filed with the county clerk. Under the new 2021 law, $300,000–$600,000 of a home's equity cannot be touched by judgment creditors.
Certain properties, or portions of properties, are exempt from taxation under the California Constitution. The most common types are homeowner, disabled veterans, welfare, charitable, and institutional exemptions. Visit the Assessor's Exemption webpage for more information.
