 |
All applicants must own and occupy the property as of July first. This chart represents an overview of provisions. For more information contact the Assessors Office 617-846-2716.
STATUS |
CLAUSE |
Age |
INCOME |
GROSS ESTIMATE |
OTHER |
AMOUNT OF |
As of July first |
|
|
RESTRICTION |
LIMITATION |
REQUIREMENTS |
EXEMPTION |
|
|
|
|
|
|
|
ELDERLY |
17D |
70 |
NONE |
$40,000 |
RESIDENCY |
$175 |
|
|
|
|
Real Property Exempt |
OWNERSHIP 5 YRS |
|
ELDERLY |
41 |
70 |
$17,000 if single |
|
RESIDENCY |
$500 |
|
|
|
$20,000 if married |
|
OWNERSHIP |
|
SURVIVING SPOUSE |
17D |
|
NONE |
$40,000 |
OWNERSHIP 5 YRS |
$175 |
|
|
|
|
Real Property Exempt |
|
MINOR CHILD |
17D |
|
|
|
|
|
VETERAN |
22 |
|
NONE |
NONE |
SERVICE CONNECTED |
|
(or surviving spouse) |
22A-E |
|
|
|
DISABILITY AT LEAST |
$400-$1500 |
|
|
|
|
|
10%. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
BLIND |
37A |
|
NONE |
NONE |
BLIND |
$500 |
|
|
|
|
|
CERT REQUIRED |
|
DEFERRAL |
41A |
65 |
NONE |
$40,000 |
RESIDENCY 5 YRS |
TAX DEFERRED @ 8% INT |
|
|
|
|
|
OWNERSHIP 10 YRS |
|
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|
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| |
