Get Started
888

Q: All of these are exemptions from local real property taxes EXCEPT :

  • 1
    Low-income homeowner's exemption
  • 2
    Homeowner's exemption
  • 3
    Veteran's exemption
  • 4
    Senior citizen's tax exemption
  • Show Answer
  • Workspace

Answer : 1. "Low-income homeowner's exemption"
Explanation :

Answer: A) Low-income homeowner's exemption Explanation: Under state law limited exemptions from local real property taxes for individuals who qualify are senior citizens(blind and disabled persons), who may defer their taxes; Veterans, who receive $4000 off assessed value; and homeowners, who receive $7000 off assessed value.

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today