tax_exemption
Exemptions applied against a property's assessed value: type, eligibility, amount and status.
Represents property tax exemptions including homestead, senior, portability, and other exemption types.
The question it answers
Will this close cleanly?
Liens, encumbrances, tax position, and association obligations determine whether a transaction completes and on what timeline.
Why it matters
Exemptions are the difference between assessed and taxable value, and several of them do not survive a sale. A homestead exemption held by an elderly owner-occupant can be a large share of the current bill and nothing at all to the next owner, so a carrying-cost estimate that reads the current tax figure is wrong by that amount.
In practice
Portability is recorded because in some states an exemption benefit follows the owner to a new property, which affects the seller's position rather than the property's.
Properties
| Property | Type | Definition |
|---|---|---|
source_http_request | object | HTTP request configuration for retrieving this data. |
request_identifier | string | null | Identifier value that should be substituted into the source HTTP request to retrieve this specific data. |
tax_year | integer | null | The tax year for which the data applies. |
tax_rate | decimal | The tax rate associated with the exemption. |
exemption_type | string | null | The type of exemption applied to the property. Must be one of the predefined exemption types. PortabilityHomesteadAdd. HomesteadWid/Vet/DisSeniorAffordable Housing |
exemption_value | decimal | The value associated with the exemption. |
taxable_value_amount | decimal | The taxable value amount of the property. |
Provenance and coverage
A record of this class is validated against the same definition whatever jurisdiction it came from, which is what makes two counties comparable without a per-county adapter. A jurisdiction appears below only where a committed configuration serves this class's surface.
- Lee, Florida
- Palm Beach, Florida
- Miami-Dade, Florida
- Orange, Florida
- Santa Clara, California