And provide additional information about the homestead exemption. Application process it isMoreAnd provide additional information about the homestead exemption. Application process it is important to ensure that the property ID is accurate when submitting your exemption.
This exemption is available to a single homeowner age 65 or older, or a couple filing a joint petition, if either or both are age 65 or over. You may not double the exemption amount if you are married and filing jointly.
A homestead can protect the $50,000. There are two types of homesteads, automatic and declared.
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.
Obtain the claim form from the County Assessor's office where the property is located. Submit the completed form to the same office. Once the exemption has been granted, it remains effective until a change in eligibility occurs, such as selling or moving out of the home. Annual filing is not required.
Filing a homestead declaration typically requires three steps. Complete a homestead declaration form. Sign your declaration in front of a notary. Record the homestead declaration form with your county recorder's office.