How can I get an exemption from property taxes?

In California, certain individuals may be eligible for an exemption from property taxes. This exemption applies to those who meet the criteria as a disabled person, a senior citizen, a veteran, or as a business-owner. For those who qualify as a disabled person, they must meet certain eligibility criteria and submit an application to the county assessor. If approved, this exemption generally will result in a reduction of taxes on the property that amounts to a minimum of $7,000. For seniors, those aged 65 or older who meet specific income and asset requirements may be eligible for an exemption. This exemption typically eliminates all or a portion of the property taxes. Veterans may qualify for an exemption if they meet specific criteria, such as being disabled as a result of their service. Lastly, business owners may also be eligible for an exemption, provided they meet certain requirements. Generally, the business must own and occupy the property, and use it for business activities. Upon approval, the exemption will provide a reduction of property taxes. In order to apply for a property tax exemption, one must first determine their eligibility. Generally, completing an application and submitting it to the county assessor is typically required. If approved, the county assessor will issue a Notice of Approved Exemption, which will indicate how much of a property tax reduction is provided.

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