# tax_exemption # 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. Other classes answering this question ## 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. `Portability``Homestead``Add. Homestead``Wid/Vet/Dis``Senior``Affordable 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 How a new jurisdiction is brought online