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When a new residence is purchased, is the homestead exemption transferred to the new home?

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When a new residence is purchased, is the homestead exemption transferred to the new home?

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No. Exemptions are not transferred. For a homeowner to receive the exemption on their new home, they must qualify and apply either by mail or in person at the property appraiser s office by the March 1 deadline. If the application is mailed, it must be postmarked no later than the March 1 deadline.

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