Massachusetts laws Includes clauses for real estate tax exemptions for blind persons, qualifying senior citizens, qualifying surviving spouses, minor children and elderly persons, qualifying veterans, and religious and charitable organizations.

If you own and occupy (or intend to occupy) your home as a principal residence, you can file a homestead protection.

Clauses 41, 41B, 41C or 41C½ provide exemptions to seniors who meet specific ownership, residency, income and asset requirements. Seniors 70 or older may, alternatively, qualify for exemption under Clauses 17, 17C, 17C½ or 17D, which provide a reduced benefit, but have less strict eligibility requirements.

The Massachusetts Homestead Act is a law under which a homeowner is protected by an Estate of Homestead. A homestead estate provides limited protection of the value of the home, up to $1,000,000, against unsecured creditor claims.

In August of 2024 the Governor approved an Act that amends the Massachusetts declared homestead exemption from $500,000.00 to $1,000,000.00.

Qualifying homeowners, including disabled veterans and seniors, can exempt up to $150,000 based on the value assessment of their home. Qualifying homeowners age 18 and older can exempt up to $400,000 in property value. Qualifying homeowners can get a property tax credit up to $425 in 2024.

Elderly persons, regardless of marital status, are personally exempt up to one million dollars ($1,000,000) each. If two owners qualify for the elderly or disabled homestead protection, the aggregate protection on the home increases to two million dollars ($2,000,000).

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File with your local Registry of Deeds. You must file a document called a "Declaration of Homestead".Be sure the form is filled out completely and has been properly notarized, and remember to enclose a check for the proper recording fee with the Homestead form. Below please find the Declaration of Homestead forms, a Simple Guide to the Massachusetts Homestead Act, and brochures in English, Spanish, or Portuguese. To declare your property a Homestead, you must fill out the Declaration of Homestead form, and record it with the Registry of Deeds for your County district. Please contact your local senior center for more information. In 1987, an "elderly and disabled persons" homestead exemption was introduced into Massachusetts law.

Homestead Act Information For Seniors In Massachusetts

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