The Department of Finance administers a number of benefits for property owners in the form of exemptions and abatements. Exemptions lower the amount of tax you owe by reducing your property's assessed value. Abatements reduce your taxes by applying credits to the amount of taxes you owe.
Adjustments to exemptions are automatically made as a result of the sale of your property. The recording of the deed, except for a life estate deed, will revoke the following exemptions: Basic or Enhanced School Tax Relief (STAR) Senior Citizen Homeowner Exemption (SCHE) Disabled Homeowner Exemption (DHE) Veterans or Clergy Exemption
The STAR exemption remains on the property until the end of the tax year (June 30). All other exemptions listed above, are canceled as of the next quarter after filing. Deed recordings require no action by a seller.
You can request to have the following exemptions removed due to changes in primary residence or the death of a property owner: STAR (Basic or Enhanced), Veterans, Disabled/Senior Citizen Homeowners Exemption (DHE or SCHE), Crime Victim/Good Samaritan, Condo/Cooperative Abatement or Clergy. You must complete an Application To Remove Previously Granted Exemption(s) form to remove a property tax exemption you currently receive.
Changes to an exemption resulting from a change in income are processed through exemption renewals.
Please note: If you are requesting your homeowner exemption be removed for a prior tax year or multiple prior tax years you will be charged a $500 processing fee in addition to the adjusted property tax and any interest due.
Unmarried former spouses of veterans who have passed away remain eligible for veterans benefits. Exemption revocations may be retroactive depending upon the notification date and circumstances.