Prorated Homestead Exemption
There is NO need to wait until the new year
to apply for a homestead or other exemptions & there are NO FEES associated with
filing for any exemptions with our office!!
NEW LEGISLATION
(Effective January 1,
2022)
Prorated Homestead
Exemption
· Property owners may
qualify for a general residence homestead exemption, for the applicable portion
of that tax year, immediately upon owning and occupying the property as their
principal residence, if the preceding owner did not receive the exemption that
tax year.
· Regarding
the Homestead Cap, an owner who receives a prorated homestead exemption is
considered to have qualified the property for the exemption as of January 1st of
the tax year following the tax year in which the owner acquired the property.
Application
· On our website
www.wcad.org within the property search. Enter name, address, or REF ID to pull up property. Click HS exemption icon.
Related Articles
Homestead Exemptions Application: Form 50-114
Homestead Application: Form 50-114 Property owners may qualify for a general residence homestead exemption, for the applicable portion of that tax year, immediately upon owning and occupying the property as their principal residence, if the preceding ...
Homestead Cap
HOMESTEAD CAP Q. What is a Homestead Cap? (Sec. 23.23) Cap value applies to residential homesteads only. If this property is your residence homestead, the appraised value may not exceed the lesser of the market value of the property or the sum of: 10 ...
Exemption Description
Code Description AB Abatement AG Agriculture Use AUTO Lease Vehicles Ex BI Builders Inventory CBL Circuit Breaker Limitation CCF Childcare Facility CCF2 Childcare Facility 2 CDV Charity Donated DV Homestead CHDO04 Community Housing Dev 2004 CHDO08 ...
Homestead Exemption vs Homestead Designation
If you have received in the mail a notice regarding the Homestead Designation, this is NOT a scam, but a service offered by a third party to file on your behalf with the County Clerk. Please be aware this notice is NOT from Williamson Central ...
Residential Homestead Exemption: How to File Electronically
Use the Property Search option to locate your property. Search by name, address, or account number. Section 1: Exemption(s) Requested You will need to identify the exemptions for which you are applying and indicate whether you are transferring a tax ...