What is the deadline for filing a Principal Residence Exemption Affidavit?
The filing deadline is May 1 of the year the exemption is being claimed.. Click HERE to access the proper form. I moved to a different home before the May 1 filing deadline. May I claim my new home? Yes. If you buy a new home and move into it before the May 1 filing deadline, you may claim an exemption on the new home. New residences may be claimed by filing a PRINCIPAL RESIDENCE EXEMPTION AFFIDAVIT (FORM 2368) that is typically available at closing. If your agent does not provide you with this form, you can either pick one up at the Assessor’s office at city hall or download it from the link above. Can I, as closing agent, be held liable to a buyer or seller if the buyer is not granted a homestead exemption because I did not provide either an update or an affidavit form, or I did not submit their form on time? Closing agents are required to provide either an affidavit or update form at closing. However, PA 415 of 1994 does not provide a legal course of action against the closing agent
