Letter from attorney to opposing counsel requesting documentation concerning homestead exemption for change of venue motion.
Letter from attorney to opposing counsel requesting documentation concerning homestead exemption for change of venue motion.
To be eligible for the homestead exemption, State law requires a person to declare a homestead and to record that declaration with the county recorder of the county in which the property is located.
In Texas, there is a standard homestead exemption that is offered by public school districts for primary residences. Before November 2023, this amount was $40,000; however, a constitutional amendment has more than doubled the amount to a generous $100,000. This exemption reduces the taxable value of your property.
There are multiple ways to file a Homestead Exemption application Form 50-114, however the online option is the fastest, and details are provided in the transcript below.
How to fill out the 2024 Application for Residential Homestead Exemption? Gather all required documents and information. Complete the form, filling in all sections accurately. Review your application for any errors or missing information. Attach necessary supporting documents as specified.