In Mecklenburg County, North Carolina, the homestead exemption protects a portion of the equity in your primary residence from being seized by creditors in the event of bankruptcy or other legal actions.

North Carolina defers a portion of the property taxes on the appraised value of a permanent residence owned and occupied by a North Carolina resident who has owned and occupied the property at least five years, is at least 65 years of age or is totally and permanently disabled, and whose income does not exceed $56,850.

Tax Relief Programs Elderly or Disabled Homestead Exemption. Elderly or Disabled Property Tax Deferral (Circuit Breaker) ... Disabled Veteran Homestead Exclusion. Present-Use Value Assessment. Builder Property Tax Exemptions. Historic Property Deferral.

The permanent residence includes the dwelling, the dwelling site (not to exceed one acre), and the related improvements. Qualifications: Minimum Age 65 years; OR Totally & Permanently Disabled - No Minimum Age. Combined Income Limit $37,900 (Applicant & Spouse)

The ANCHOR program replaces the Homestead Benefit program and expands the amount of property tax relief while also boosting eligibility to twice as many homeowners, and also includes tenants renting their homes.

North Carolina excludes from property taxes a portion of the appraised value of a permanent residence owned and occupied by North Carolina residents aged 65 or older or totally and permanently disabled whose 2024 income does not exceed $37,900 annually.

To apply, complete and submit FORM AV9 and required income statements with the tax office by June 1. For disabled applicants, you must also complete FORM AV9-A signed by a physician licensed to practice medicine in North Carolina.

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North Carolina offers several property tax relief programs for residents and businesses. AV-10 Application is for property classified and excluded from the tax base under North Carolina General Statute.2024 Application for Property Tax Relief. Documents. Contact Information. Applications o AV-10 Application for Property Tax Exemption (PDF) o AV-10V Application for Motor Vehicle Exemption (PDF) 1. Complete Sections 1 and 2 of the NCDVA-9 Form. Disabled Veterans Homestead Exemption requirements include:. Applications are accepted from January 1 to June 1 of each year. Elderly or disabled property tax homestead exclusion. Personal Property Disabled Veterans Exemption Form.

Homestead Act For Property Taxes In Mecklenburg

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