Can I qualify for a homestead exemption if there are other owners other than my spouse listed on my property?
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- Published on Monday, 15 October 2012 08:38
Yes. However, if you qualify for a homestead exemption and are not the sole owner of the property to which the homestead exemption applies, the exemption you receive is based on the interest you own. For example, if you own a 50 percent interest in a homestead, you will receive one-half, or $7,500, of a $15,000 homestead offered by a school district.