|
a _ c � ,
<br /> -;rn�.o;
<br /> �` ;, . Exemption From The Property Ta� Of Improvements _
<br /> � � i1�Iade To Homes 35 Years Of Age Or.Older . .
<br /> �d the following information before completin�the application for exemption from the progeriy taz of
<br /> pravements made to homes 35 years of age or older.
<br /> ;eacou es :oQ�ry o«�aers to rastore or reco��tc their older hom�s. �me���dZ to homa 3�tezrs oi
<br /> zaesotala� � P
<br /> his Old House" exempts Lom ihe propecty ta-Y a11 or a porson oi the vaiue of unpro . _
<br /> oldpr� . - -. _ . ��. . . .� . ��ee ,, �o .��
<br /> �or ����t�Sc�E�I. IG B�F�.,��.TH:�E��iPs�,�: P d y '..�`.---�.�.� .
<br /> �A��T �.�� �;;�,. � '�YP�S�:;,a�PR....,�.a. .
<br /> „der to be eli��blr for axemption,ths propenv must mr:the following thr�critZ:a: '
<br /> . propem must be>> Y�s of age or older at:he tim:tha irr►Provem�nts cammeac..�stne3 as resideaaal flomestead
<br /> . proQerty mus b$receivia�the homestead�le��ve e�du bled homest�ead and agricultural homatrad. RsTame
<br /> (includutg du�lexes as►d triplexes)blmd/p p .,
<br /> hor•►este�s az��tigible for the�x�:nodon. ��p �r�{deatial:land and buildin¢s;agricutturai:
<br /> . Tne total market v�lue of t�.�propem,r must be l�ss thzn 51�0,
<br /> nrl ac:�). In soecial circumst�nces, a propeny«'ith a tatal m�ket value of S I�0,000 or more but Iess t�a
<br /> house/gara�r- vour assessor«zIl help yoa detecmine if your gropemr is
<br /> 5;00,000 rnzv qualii�for L�a e:c�;nption. In chese instancrs,,
<br /> eli ible for the ex�mpcion. Prooeries�rich 2 totzt market value of S�00,000 or more do not qualify for�the�cCxTle�P�no�a.
<br /> 8 � . .:,
<br /> a�ei
<br /> �yoar prooe:c}'is 2 condominium ar:d�•our�=o e'�ezts�o common a eas are aot e�iblen If•our prape:ty is a duplez
<br /> ;�ue unit��ould qualify ror the exemotion. p
<br /> i lex and it is r���i�zng t�'��honzstesd classificatian,imorovements m a d fo�r a non-r s d ni alruse the e.e pt;on `
<br /> or tr p
<br /> �s�mption from tt:� r��F�m t=�• Ii your propem is us�d as a homestea
<br /> 'tha propect�receiving the honestead ciassification. For
<br /> s�olies only to imProy�'r'ents mad�to the residenciat po�ie:�o:
<br /> e:cr,-ri le,if��ou:prope:tv is used both ior a res►de�cs�.nd�or a busin�ss,the eaampcion applies onh to the impro�emears
<br /> P the homeste�ded residential porion of}•our prope.�.
<br /> ,:iac�e to .,..�.,.:.,,.x.�,.,�. .�.�.,...,�,.,,�,�.,,� � ; +� �
<br /> <...,......,,.r...., .,�..v.,�.- ��i TO�. �.
<br /> �IPROVE�iE�TS�TH?�"I:;;, L:�=I�FOR�:T�i�.�.� �...:.
<br /> '�""' . �TYPES;QF�Is Qw -:........,` pert�;classed2s�
<br /> ��•,.,>. ..�_ �.:. �. �::'�., .�.........: e � e of.a ro
<br /> �Only improve;ncnts that contribute a minijmum�u l£v fvrltha O�e p�ontfram the prope�. This includes imorov�ueats
<br /> ;omescea�d curi:-�g tha�ea�°1�'e impro q , o � �e remodelin or
<br /> �
<br /> ssch as additions to the e:sisting house and garagT�o=d k o�constructioa of a ne�v�arage.vPlease o�ce that the azea
<br /> u�grading of the esiscing h�us.., addinon ot a po
<br /> qualifying iar cons�Nction o�a gazage is limited to E�00 square fe�t. ��M v� . ��
<br /> �, „�, t .,,,�,.,,,�,..Q,,,...:...�.��:,FOR�E�C��tiZP'TTQ .
<br /> �.: � �` L �;I;E��: �T;JL?iT;,DO;i!�QT' ...o......_...�. � w the
<br /> .�;.,�:...},, '���'��;:;V,TYPE flF'I4 S� �Q��:�:IkY::..�.......:...:... rovemeats
<br /> ��� � �: �I�RO '�
<br /> �� . --... . : .....�.....:.
<br /> :..�.. ,.>:: . ..�,�,., ,... �._..::...............
<br /> j*norovements made to the site surrounding the home do�`�q�l ation of a la�n spcinkler s��scem,cinstallation of a
<br /> site as: constructioa of a fezce, constructioa of a dnve� -' ricultural buildings. � �
<br /> svs,irnining pool or tennis�caurt,landscaping of the grounds,�
<br /> If more ihan��percent of the square footage of a house is torn dow�C���e ons'dcred to�constitu c the�coo nns�u��°n
<br /> longer e:cist,and�nY subsequent unprovements made to the r�mairun8 s foc excm tioa. �
<br /> of a acw houss. �.s a result�the value of anv improvemencs«auld not qu��Y e an� im rovement that further increases tbe
<br /> If any combination of improvements dauble the ori;inal sue of the structur : . P
<br /> size of the structure titiill aoc qual'sfy for esempcion. ` � ,�..�
<br /> . ... . . . -:� � � . � .. .. : ,� EL�'ti.."..'u....:��:IQ..n.... M .
<br /> `�` � eofth-
<br /> ?here
<br /> is a Iimit to the dolIar value of the improvement which may be exempted. Th t least 35 years of ae but less .
<br /> pcopercy. Houses that are less than 3� years of aae do not qu�lif�. Houses at are
<br /> 000. �iouses
<br /> thsn 70 years a.re li,-nitsd to one�alf of the value of the improvemue of anv uci rov�ts ememQ ed up to�a mz���f
<br /> chat are 70 years of aae ar older are digible to have the total vaI . P
<br /> 5�0 000. 'Ihe aae of the house is based upon the number of vears thac the Qualif;zng residence has e.`ciste�on tcs pra°C�
<br /> ,
<br /> site. �
<br />
|