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Own As Of July 1 - Applicant must own property as of July 1. Domicile As Of July 1 - Property must be applicant’s domicile as of July 1. Income Requirements - None Documentation Requirements - A determination from the Veterans Administration verifying the applicant as a paraplegic. Filing Date - December 15th or within three months if the tax bill was issued after September 15th. Other Requirements - Applicant must be a disabled veteran and be designated a paraplegic (paralysis of lower half of body on both sides) or be the surviving spouse of such paraplegic veteran. Miscellaneous - Once an exemption has been granted for the above, documentation is not required for subsequent allowances of the exemption (renewals). If applicant lives in a greater than single family home they will receive the full exemption amount. A surviving spouse of a paraplegic receives the full exemption. Multiple Owners - If there are multiple owners of the property and one files for an exemption, the applicant will still receive the total exemption amount provided they meet all other requirements. Property In Trust- - When a property is held in trust with multiple trustees only the applicant, not the co-trustees, must meet the requirements for the exemption. In addition, such applicant upon qualifying is eligible for the full exemption amount. The applicant MUST be both a trustee and a beneficiary to qualify for the exemption. Exemption Amount - Total exemption is granted after the Board of Assessors have written to and received permission from the Tax Commissioner. |