Veterans & Senior Exemptions
The alternative veterans exemption is available to qualifying residential real property owned by honorably discharged veterans (or certain family members) who served during defined periods of war or under certain other conditions. (RP-458-a).
Section 467 of the Real Property Tax Law gives local governments and public school districts the option of granting a reduction in the amount of property taxes paid by qualifying senior citizens. To qualify, seniors must be 65 years of age or older and meet certain income limitations and other requirements.