Homeowners' Exemption

Homeowners' Exemption

If you own a home and it is your principal place of residence as of January 1st, you may apply for an exemption of $7000 off your assessed value. New property owners will automatically receive a Homeowners' Property Tax Exemption Claim Form (BOE-266). Homeowners' Exemptions may also apply to a supplemental assessment if the prior owner did not claim the exemption.

If you are eligible and would like to apply for the exemption, download, complete, sign, and return claim form BOE-266 by mail or in person to our office.

For the security of your data, we do not accept electronically submitted documents with sensitive personal information. Follow the instructions on the form and complete the required information.

For more information or additional help, you may call our office Monday through Friday, 8 am to 5 pm, or you may email our office at assessor@nevadacountyca.gov.

Forms

FAQ's

How do I determine my principal residence?

To determine your principal residence, consider...

    1. Where you are registered to vote
    2. The home address on your automobile registration
    3. Where you normally return to after work

If after considering these criteria you are still uncertain, choose the place at which you have spent the majority of your time this year.

If the property is not my principal residence, can I still receive a Homeowners' Exemption?

A dwelling does not qualify for the exemption if it is, or is intended to be rented, vacant, and unoccupied, or is the vacation or secondary home of the claimant.

If I move out of my primary residence where I receive a Homeowners' Exemption and intend to live in a different residence, what should I do?

You are responsible for notifying the Assessor immediately if the property no longer qualifies for the exemption. File a Cancellation of Homeowners' Exemption form with our office. 

Where can I find additional resources related to the Homeowners' Exemption?

For additional resources related to Homeowners' Exemption, please visit the Board of Equalization website.

When do I need to file a claim?

The regular filing deadline is February 15 to receive the full exemption of $7000 (approximately $70 annual savings). Late filing is from February 16 to December 10 to receive 80% of the exemption (approximately $56 in annual savings). Late filed exemptions will receive the full exemption after the first of the year.

According to California State Law, Homeowners' Exemption cannot be granted for prior years.

Are there deadlines with a Prop 19 filing?

If you are applying for an intergenerational transfer (parent to child or grandparent to grandchild) or transferring a base value to a replacement property (55 and older or disabled) under Prop 19, you must file your Homeowners' Exemption within one year of transfer.

How can I find out if I already receive the Homeowners' Exemption?

Your yearly tax bill will reflect if you are currently receiving the Homeowners' Exemption under "County Values, Exemptions, And Taxes". There will be a line item below your assessed value showing your $7000 exemption.

Example:

Example of Homeowners' Exemption line on property tax bill

Homeowners' Exemption versus Homestead Exemptions

Homeowners' Exemption is a statutory tax provision, which provides a homeowner a $7000 reduction off the taxable value on their primary residence. With an approximate 1% property tax rate, the exemption provides roughly a $70 annual savings off your property taxes.

Homestead Exemption is a civil code provision, which may protect part of the homes equity from creditors. It has no application in property assessment or taxation. For more information on automatic and declaring a Homestead Exemption, please contact the Recorder's office.