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Posted by
Zhaoqi Li

Qualification for Homestead exemption?

Hello, now home buyers can apply for Homestead exemption anytime after closing, as long as it recorded. Let say, buyer bought the home in April 2022, and applied for HS in May 2022. Is buyer applying for HS for 2022, or 2023? Or, to be qualified for HS, home owners are still required to own and live there on Jan 1st of they year they are applying for, right?

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REALTORS®
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Qualification for Homestead exemption?

By Zhaoqi Li   
Posted on Apr 26, 2022 in Topic: Property Taxes
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Hello, now home buyers can apply for Homestead exemption anytime after closing, as long as it recorded. Let say, buyer bought the home in April 2022, and applied for HS in May 2022. Is buyer applying for HS for 2022, or 2023? Or, to be qualified for HS, home owners are still required to own and live there on Jan 1st of they year they are applying for, right?
Status: Open
Viewed: 725
Asked by: REALTORS®
Posted: 1 month ago
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Silver
Priya Kurup
about 4 weeks ago
Disclaimer: Answers provided are just opinions and should not be accepted as advice.
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