Exemption Form Homestead With Multiple Owners In Riverside
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Both owners must sign the application form and, if both owners otherwise qualify, the homestead exemption will be granted for the entire home. This process is as simple as any other married couple or single individual applying for the exemption.
Complete form BOE-266, Claim for Homeowners' Property Tax Exemption. Obtain the claim form from the County Assessor's office where the property is located. Submit the completed form to the same office.
A homestead can protect the $50,000. There are two types of homesteads, automatic and declared.
The claim form, BOE-266, Claim for Homeowners' Property Tax Exemption, is available from the county assessor. A person filing for the first time on a property may file anytime after the property or claimant becomes eligible, but no later than February 15 to receive the full exemption for that year.
While the specifics can vary by state, generally, homestead exemptions are only available for an individual or family's primary residence. This means you cannot claim homestead exemptions in multiple states.
