Homestead Exemptions- Reduction in Real Estate Taxes for Seniors and the Disabled

What is the Ohio Homestead Exemption Law?

The Ohio Homestead Exemption Law gives qualified individuals occupying or owning a homestead a reduction on real estate, property, and manufactured home taxes. A “Homestead” is defined as a dwelling owned and occupied as a home by an individual whose domicile is in the State of Ohio, and who has not acquired ownership from a person, other than their spouse, that is related by blood or marriage. A housing cooperative that is occupied as home is also considered a Homestead for the purposes of the tax exemption.  The standard exemption for qualified individuals is $25,000. For qualified veterans of the armed forces, that amount is increased to $50,000.

Who Qualifies for the Ohio Homestead Exemption?

In order for the Ohio Homestead Exemption to apply, an individual must fall into one of the statutory categories of people.  The Ohio Homestead Exemption applies to any of the following persons:

(1) A person who is permanently and totally disabled;

(2) A person who is 65 years of age or older;

(3) The  surviving spouse of a deceased person who was permanently who applied and qualified for the Homestead exemption in the year in which he died, provided the surviving spouse is at least 59 but not 65 or more years of age on the date the deceased spouse dies.

Individuals who are otherwise qualified are subject to additional income-based criteria. The maximum total income allowed by law is calculated each year to allow for adjustments based on inflation. During the 2017 application period, the maximum allowed was $31,800.

For help with filing an application for the Ohio Homestead Exemption, or any other legal issues, contact a Cleveland Elder Law Lawyer.