Ohio Homestead Exemption

Saturday, June 30, 2007, Governor Ted Strickland signed into law a new Homestead Exemption for Ohio home owners and eliminates the old exemption rules. The new exemption will allow home owners to shelter the first $25,000 of MARKET VALUE, not taxable value, from real estate taxation. An application must be filed with the county auditor before October 1st in order to reduce the taxes due in 2008.

To be eligible the homeowner must live in the home as their primary residence and be 65 years old or will be 65 in 2007 or, be certified totally and permanently disabled as of january 1, 2007 or, be the surviving spouse of a qualified homeowner who was at least 59 years old on the date that the spouse died.

If you believe that you qualify, contact your county auditor and request an application form or contact our office for assistance. You MUST file the application before October 1, 2007 to receive the exemption in 2008.