Under
certain conditions disabled veterans and spouses of deceased
veterans may be eligible for a disabled veterans' exemption.
Depending on your assessed value, the disabled veterans'
exemption may exempt up to $100,000 off of the assessed
value of your home. The exemption may increase to $150,000
if your household income is less than $41,814 for the
2001 calendar year.
Once the disabled veterans' exemption is granted, it will
remain in effect either until you are no longer on title
to the property, you move from the property, or your disability
rating changes. However, if you are claiming the increased
exemption amount, you will need to annually file a claim
and complete an income worksheet.
Qualifying
Conditions for Disabled Veteran
•
The property must be the veteran's principal place of
residence.
• The veteran must be on title to
the property (including ownership in a corporation).
• The veteran, due to a service-connected condition,
is rated by the Veterans Administration as 100% disabled,
is compensated as 100% disabled, is blind in both eyes,
or has lost the use of two or more limbs.
For
more information, or if you are not certain about the
information you are looking for, call the Santa Clara
County Assessor’s Office @ 408-299-5500.
Contact
us for more info on Santa Clara County Disabled Veterans
Exemption
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