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Improper property-tax exemptions can prompt assessors to demand repayment and place liens, speaker says
Summary
An unidentified presenter advised homeowners that up to four exemptions may be applied to a primary residence, warned against claiming exemptions on rental or income properties, and described assessors’ ability to demand repayment and place liens if exemptions were improperly claimed.
An unidentified presenter told listeners that homeowners may claim up to four property tax exemptions on their primary residence but warned that claiming exemptions on non-primary properties can prompt assessors to demand repayment and place liens.
The presenter said, “You can have up to 4 exemptions on your primary residence at 1 time.” He added that…
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