Homestead Exemption for Sandy Springs Homeowners

Deadline quickly approaching for Sandy Springs homeowners to file for their homestead exemption. You can apply for exemptions year-round by mail or in person; however, you must apply by April 1st to receive the exemption for that tax year.

If you purchased a home in 2009 or earlier, you have less than a week to file for the Georgia homestead exemption in Fulton County. If you purchased this year, you can file at any time this year, but the homestead exemption won’t take effect until 2011.

Applications not filed by the deadline constitute a waiver of the exemption for that year. Your closing attorney does not apply for you.

Fulton County Homeowners will receive a $25,000 exemption for tax year 2010 and by 2011 the basic exemption will increase to $30,000. For those homeowners currently receiving a homestead exemption, no further action is required to get the increased exemption, unless there is an ownership change or if you become eligible for an additional exemption.

First time Fulton County homeowners or those applying for an additional exemption, have until April 1st to file. You can access the application at the Fulton County’s Tax Commissioner site.

To qualify you must own, occupy and claim the property as your legal residence on January 1st of the year for which you apply. The applicant’s name must appear on the deed to this property in order to qualify.

Exemptions are automatically renewed and you need not reapply if you refinance your home.

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