Join ExamsbookAnswer : 1. "Low-income homeowner's exemption"
All of these are exemptions from local real property taxes EXCEPT :5
Q: All of these are exemptions from local real property taxes EXCEPT :
- 1Low-income homeowner's exemptiontrue
- 2Homeowner's exemptionfalse
- 3Veteran's exemptionfalse
- 4Senior citizen's tax exemptionfalse
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Answer : 1. "Low-income homeowner's exemption"
Explanation :
Answer: A) Low-income homeowner's exemption Explanation: Under state law limited exemptions from local real property taxes for individuals who qualify are senior citizens(blind and disabled persons), who may defer their taxes; Veterans, who receive $4000 off assessed value; and homeowners, who receive $7000 off assessed value.