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<br />�;—n:�9y
<br /> � � . Exemption From The PropertY Ta� Of Tmprovements
<br /> � � �Iade To Homes �� Years Of�.ge Or Older
<br /> � e follow'inQ information before completin� the application for exemption from the property tas of
<br /> ,_ad th �
<br /> :npravements made to homes �� years of a�e or older.
<br /> �,-L.esota
<br /> la�t eacoura��s proper�y o�sners to resore or renovace their older hor,z.�•S. 1�.�5 1��V: CO�uilOn?�•""r�t° Z' _
<br /> � � Old House" esemots uom the propercy t3x z11 or a por�ion oi the�z1Le ol imnrot•ements mzd�t° home' '� ye��er
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<br /> ES a�'PR�P�Z�Y.E�.IGIBIIE��I�:THE E�E�iPTIO�c. ........ .
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<br /> �o;der to.be eligibl���or eYemption, the prooen% must m�:th� ioilo«1ng thre�crite::a:
<br /> . P;opertti•must be 3� verrs of ag
<br /> e or oleer ac the time th� imProvements commezc�.
<br /> � p,o ertv musc be rec�ivin�th�ho:nesead cl�ssincation. TEus abjed homest zd and a�ricultura.I homest1�d. R latRe
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<br /> (inc!udin� dupleYes znd tripleYes) blind/paraPlz?ic ve...;�r a�s
<br /> hones�s �r rligiole for the eYe:nation.
<br /> . T'ne tocal market value of the prope;�;,• mus be less th�.� 51�0,
<br /> 000 (residential: land and buildines; a�ricultura :
<br /> r arQ Q�,�1 ac;P). In special circ;unstances: a prooerr�•tivith a totals o rk�Il hllp vou deO.or�i�oi mour grop�T�n
<br /> hous�.�a� '
<br /> 5�00,000 rr�y qualiiti• for the exe:notion. In the5� �s�c�s=�'our ass
<br /> 'Q'' �for the exe:notion. Prooeries �yich a tot.�.I mark�c value oi S�OO,OQO or more do not qual�foro�ex�C'P�v
<br /> eli�ioi.. "1
<br /> �vour proo�.�' is a tondominium and�'our li�zn? u;�eisC,`o�c��on�rzas are nocteliQ blet1 If vour prooe:t�% is a duplu
<br /> .o tae unit «•ould qualiiy ior the e�emotion. Imorove , � � ro �;nr ualii�• for th�
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<br /> or triples and it is re��:��r�� �z homestesd classificacion, imorovemeau mad. to zn�' porion or .. _
<br /> � �;notion ;'om th� �.:o�e;t�.•tax• I;��our proper�' is used�s a hom joead�°d f vin�the homestead classi�czT on. For
<br /> ,.Y.. � .
<br /> �aalies onl�'to improve:rznu :n��� LO�� resieentiat porien o�' z p P
<br /> � =-nvle, ii vour property is used boch ior a residence and :or a business, the exemotion apolies on1�• to the imorove:nea:�
<br /> �`s— • • v ur ro '�'•
<br /> _ o .o�d�d residencial por�on of,o p pe,�, . ..::..�;.:::.:.,.<:.-:;:>;�::.<><:�:;.<;,.<.>�;:..,::,:.:::
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<br /> - . � Q�ra�e of a ro ertti'.classe��s
<br /> TYPES:QF.T�•IPRO:�'E�IE�TS TH�T..:QL:�.IF�.FOR�-IE�:,'CE�ig'I'i ,. .....
<br /> � Dro�P;nenu thz.t contribute a minimum�'�lue of S 1,000 or morz tfr���e S IODy��Y .�S �Cif�dzs im�rovem�u
<br /> O.�ly un,
<br /> zomestez.d curing th��•ear of the improvemeat qualifv for the ..tiempt�on o ' Qa�Qo. restorin�, remodeling or
<br /> s;;�h zs additions to the eYistin�house snd garaSe. espansion of the e�istir.a hous.. and�.. ��.
<br /> �.J ' a oi the e;unin�house, addition oi a porch or deck or construction of a ne�v garage. Please note tha�tn� �r�
<br /> u;�rzdin�
<br /> „ • • � " ruccion of a gara�e is limite3 to 600 square iee�• .
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<br /> <; �'YPES flF I�L�'RO.L��IE\TS�:H�T,DO;;i��oT.:.Q,�mat on�This includes.PTIO.�`-.,�.I.'l.Prov
<br /> �Lr,-,orovements mad�to thz s�te surrounding the home do not qualin lauon of a
<br /> ;�,e as: construcrion of a feace, construcaon of a dn�e���a�', �'`�tli�°al builidinQs Spn�er svstem, instal
<br /> �,�zmming pool or terL-us court, landscaoin� of the grounds,�ncu
<br /> than�0 ercent of the square iootaDe of a house is torn down o���de ons�d�red o0 os�tstu z th�e�Coo nnson�°n
<br /> It more P .
<br /> longer e:tist, znd any�subs�uent improvements made to the remainin� stru
<br /> of a n�house. ?.s a result the value of an}' improv�menv «'ould noc quzlc��e�an� mpr�ovement that fur�h�r inc;e�s�'m`
<br /> If any combination of improvements double the oriainal size of the stru . .
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<br /> .?h.e.re is a limit to the dolIar.value�of the improvement which may be ex p
<br /> prooer�'. Houses
<br /> that are less than 3� years of a�e do not quzliiti'. Houses that are�a�Yemttioa of S2�OOOe �ou es
<br /> than 70 years a.re 1L-nited to one-hatf ot th bi���°Ve��'-o°�1yv21ue o any irzpro ements ex moted uo to a rn�'�-'n�of
<br /> that are 70 years of aDe or older are eli�
<br /> Qe of the house is based upon the number of years that the qualiftizn�residence has e'cinzd on iv pr��
<br /> 5�0,000. The ab
<br /> SILz.
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