Exemptions

Elderly & Disabled Exclusion Program

This program excludes the greater of the first $25,000 or 50% of the appraised value of the permanent residence of a qualifying owner. A qualifying owner must either be at least 65 years of age or be totally and permanently disabled. The owner cannot have a total household income amount for the previous year that exceeds the income eligibility limit for the current year, which for the 2016 tax year is $29,500. Applications must be filed by June 1 of the year application is being filed pursuant to the North Carolina General Statute 105-277.1. Applicants must complete the 2017 Application for Elderly, Disabled, and or Veteran Property Tax Relief (PDF) and the Certification of Disability for Property Tax Exclusion (PDF).

Disabled Veteran Exclusion Program

This program excludes up to the first $45,000 of the appraised value of the permanent residence of a disabled veteran. A disabled veteran is defined as a veteran whose character of service at separation was honorable or under honorable conditions and who has a total and permanent service-connected disability or who received benefits for specially adapted housing under 38 U.S.C. 2101. There is no age or income limitation for this program. This benefit is also available to a surviving spouse (who has not remarried) of either a disabled veteran as defined above or of a veteran who died as a result of a service-connected condition whose character of service at separation was honorable or under honorable conditions, or also a service member who died from a service-connected condition in the line of duty and not as a result of willful misconduct. Applications must be filed by June 1of the year application is being filed pursuant to North Carolina General Statute 105-277.1C.  Applicants must complete the Application for Property Tax Exemption or Exclusion (PDF) and the Certification for Disabled Veterans Property Tax Exclusion (PDF).

Circuit Breaker Property Tax Deferment

Under this program, taxes for each year are limited to a percentage of the qualifying owner's income. A qualifying owner must either be at least 65 years of age or be totally and permanently disabled. For an owner whose income amount for the previous year does not exceed the income eligibility limit for the current year, which for the 2016 tax year is $29,500, the owner's taxes will be limited to 4% of the owner's income. For an owner whose income exceeds the income eligibility limit ($29,500) but does not exceed 150% of the income eligibility limit, which for the 2016 tax year is $44,250, the owner's taxes will be limited to 5% of the owner's income.

However, the taxes over the limitation amount are deferred and remain a lien on the property. The last three years of deferred taxes prior to a disqualifying event will become due and payable, with interest, on the date of the disqualifying event. Interest accrues on the deferred taxes as if they had been payable on the dates on which they would have originally become due. Disqualifying events are death of the owner, transfer of the property, and failure to use the property as the owner's permanent residence. Exceptions and special provisions apply. A new application must be filed every year. Application must be filed by June 1 of the year application is being filed pursuant to North Carolina General Statute 105-277.1B. Applicants must complete the Application for Property Tax Exemption or Exclusion (PDF).

Property Exemptions

Applications for all other exemption or exclusions should be filed in the month of January of each year.  Applicants must complete the Application for Application for Property Tax Exemption or Exclusion (PDF).

Present-Use Value Assessment

Applications for Present-Use Value Assessment must be filed during the month of January or within 30 days from the date of a value change notice. Applicants must complete the Application for Present-Use Value Assessment (PDF). Please refer to the Application for Present-Use Value Assessment (PDF).