How is the Veteran Exemption status determined and how does if affect property taxes?
The New Mexico Veteran’s Service Commission determines all eligibility and issues a certificate to all qualifying Veterans. This certificate (original copies only) may be used to claim the New Mexico Property Tax Exemption. Once the exemption is claimed, it is retained for subsequent years without re-application. Veterans with certificates should apply with the Assessor 30 days after the notice of value is mailed. Surviving spouses may receive the exemption if they qualify with the New Mexico Veteran’s Service Commission. For more information, call the Veteran’s Service Commission in Santa Fe for details on expanded eligibility by the legislature for Veterans.
