What are Ohio's homestead law requirements?

Full question:

Does Ohio have a homestead law?

Answer:

Ohio offers a homestead exemption for individuals who meet specific criteria:

  • Must be at least sixty-five years old during the year of the first filing, or be permanently and totally disabled.
  • Must have a total income of no more than twenty-six thousand two hundred dollars.
  • Must own and occupy a manufactured home as their primary residence as of January of the filing year.

To apply, you must submit the form to the County Auditor by the first Monday in June. You are also required to report any changes each year that could affect your exemption, such as changes in income, home ownership, address, or disability status.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

To lower your property taxes in Ohio, you can apply for the homestead exemption if you meet the eligibility criteria, such as age or disability status and income limits. Additionally, you can challenge your property’s assessed value through a formal appeal process with your local county auditor. It's advisable to gather evidence supporting your claim, like recent sales of comparable properties.