A homestead exemption protects $400,000 equity in a person's dwelling from attachment, execution and forced sale. A homestead means a dwelling in which a person resides. The dwelling may be a house, condominium, or mobile home.
To be eligible for the Arizona Homestead Protection, a person must be at least eighteen years old and reside within the state of Arizona. The exemption applies to the following types of property, not to exceed $150,000 in value: 1. A person's interest in their house and the land the house sits on; 2.
First-time Homestead Exemption applicants and persons applying for the Homestead Assessment Difference (Portability) can file online.
The Arizona homestead exemption is automatic, meaning that no written claim is required. If a person desires to waive the exemption, the person must record the waiver in the office of the county recorder.
The deadline to file for homestead exemption is March 1st of the current tax year. However, you may late file up to 25 days from that date the Notices of Proposed Property Taxes are mailed. For help, please contact our office at 772-288-5608.
You must meet the following requirement: Income from all sources for all owners on title does not exceed $46,416 for one owner OR does not exceed $58,020 for two or more owners, averaged over the past 3 years. This includes Social Security and/or Veteran's disability payments.
Required Documentation for Homestead Exemption Application Your recorded deed or tax bill. Florida Drivers License or Identification Card. Will need to provide ID# and issue date. Vehicle Registration. Will need to provide tag # and issue date. Permanent Resident Alien Card. Will need to provide ID# and issue date.