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New
York State STAR
Exemption
This is a tax savings opportunity
that should not be missed. There
are two types of exemptions: Basic and Senior. You
can't have a combination of both - it's one or the other.
Basic
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The exemption is for
primary residential property, such as homes, condominiums,
cooperative apartments, mobile homes and farm homes. The
STAR exemption can be granted to a portion of a
"mixed-use" property that serves as the primary
residence of the owner although the property is not
primarily residential in character.
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The exemption is allowed for one home
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The exemption only
applies to school tax
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The exemption amount
varies by town. Check with your local tax
assessor's office for the reduction amount specific to your
town
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Regardless of home
value, the same set exemption amount applies
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STAR Exemption
transfers with title, but the new residential owner must return a
verification application (this should generate automatically
from the tax assessor's office - check if you have not
received) If verification is not received by the tax
assessor's office after title transfer the exemption will be
removed
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Westchester County
applications must be to the tax assessors office on or
before June 1 to realize school tax reductions in September
of the same year. Applications submitted after this
date will be applied to the following year.
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Homes in
construction which have only been partially assessed as of
June 1 will not qualify until the home has been fully
assessed and/or constructed. Check with your local tax
assessor for more information.
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One application is
all that's needed to enjoy this savings. Renewal is
not necessary. However, property owners will need to
notify their assessor if their primary residence changes.
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Applications are
available at the tax assessor's office or online at the Office
of Real Property Services
For information on the
exemption or for rates specific to your town, speak with your local
tax assessor's office, or call toll-free 1-888-NYSTAR5
(1-888-697-8275) for your local assessor's telephone number.
Please note that this is an 888 number, not an 800
number. Information also is available from the
Internet home page of the State Office
of Real Property Services (ORPS)
Senior Star
Seniors can enjoy the
Enhanced STAR Exemption if the below qualifications in
addition to the above criteria are met:
For information on the
exemption or for rates specific to your town, speak with your local
tax assessor's office. You can also find more information on the New
York State STAR Exemption as well as obtain an online
application at the Office
of Real Property Services or call toll-free
1-888-NYSTAR5 (1-888-697-8275) for your local assessor's office.
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