This is a legal document that was released by the New York City Department of Finance - a government authority operating within New York City.
The document is provided in Chinese Simplified.
Q: What is the Senior Citizen Homeowners' Exemption?
A: The Senior Citizen Homeowners' Exemption is a property tax benefit available to eligible senior citizens in New York City.
Q: Who is eligible for the Senior Citizen Homeowners' Exemption?
A: To be eligible, you must be at least 65 years old and meet certain income and residency requirements.
Q: How do I apply for the Senior Citizen Homeowners' Exemption?
A: You can apply by completing and submitting the Initial Application form.
Q: What documents do I need to include with the Initial Application?
A: You will need to provide proof of age, residency, and income, along with other required documentation.
Q: When is the deadline to submit the Initial Application?
A: The deadline to submit the Initial Application is March 15th of the year for which you are applying.
Q: What are the benefits of the Senior Citizen Homeowners' Exemption?
A: The exemption can reduce the amount of property taxes you owe, making homeownership more affordable for senior citizens.
Q: How long does the Senior Citizen Homeowners' Exemption last?
A: The exemption lasts for as long as you are eligible and continue to meet the requirements.
Q: Can I transfer the Senior Citizen Homeowners' Exemption to a new home?
A: Yes, you can transfer the exemption to a new home if you meet certain conditions and submit a new application.
Q: Are there any other property tax benefits available to senior citizens in New York City?
A: Yes, other benefits include the Senior Citizen Rent Increase Exemption and the Disabled Homeowners' Exemption.
Form Details:
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the New York City Department of Finance.