||If you own a home and occupy it as your residence on the tax lien date of January 1, you may apply for a Homeowners' Exemption. The exemption will reduce your assessed value by $7,000. On an average, you will save between $70.00 and $80.00 on your taxes.
If you are a new owner, you will automatically receive an exemption claim form in the mail. There is no cost to file. To receive 100 percent of the exemption ($7,000), you must file by February 15. If you file after February 15 but before December 10, you will receive 80 percent of the exemption ($5,600).
The exemption can be applied to your change of ownership supplemental if the prior owner of the property (seller) was not receiving the exemption.
For more information or to request a claim form, call the Assessor's Office at (213) 974-3211 or toll free at (888) 807-2111. You may also email the Assessor at email@example.com