Senior Property Valuation Protection Information

Purpose: 
To freeze Full Cash Value Only of a Primary Residence Owned by Seniors Based on Income and Age.

Requirements for Applicant:

Property owner´s name must be on title of property and a minimum of age 65.
Property must be primary residence for a minimum of two years.  Rental property does not qualify.
Primary residence is defined as a residence occupied by the taxpayer (applicant) for an aggregate of nine months of the calendar year.
A taxpayer can have only one primary residence.
All sources of income from all owners, including taxable and nontaxable monies, cannot exceed $26,496 for single owner or $33,120 for two or more owners, for 2002.
Copies of the Following Documents are Required with Application and Worksheet:

Proof of age eligibility - birth certificate, passport or driver´s license.
Proof of residency - driver´s license, State Issued ID card or voter registration, etc.
Proof of property ownership - valuation notice, tax bill or deed.
Proof of all income - interest, dividends, social security statement, retirement, pension, wages, salaries, annuities, alimony, disability, unemployment or public benefit statements & copy of previous year´s federal income tax return with all schedules.
(Income information will be used by this office for verification only and will be considered and kept confidential.)
Qualified Persons Must Renew Application Every 3 Years

Renewal applications will be sent 6 months prior to renewal date.