Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2014
 

Property Tax Annotations


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V

865.0000 VETERANS' EXEMPTION

Annotation 865.0010

865.0010 Eligibility. To be eligible for the exemption, a person must be currently serving in or have served in the Armed Forces enumerated in section 3(o) of article XIII of the California Constitution during one of the time periods specified in Revenue and Taxation Code section 205. The exemption may not be applied to property receiving the homeowners' exemption; and it may not be applied to any property of a single person who owns property valued at $5,000 or more, or to any property of a married person, who, together with the spouse, owns property valued at $10,000 or more. C 1/20/1989.