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Transfer Of TitleTaxesMEDIUM

Arizona's Senior Property Valuation Protection program allows eligible seniors to:

Correct Answer

B) Freeze their property valuation

Eligible seniors (65+) can freeze their property's assessed valuation.

Answer Options
A
Pay no property taxes
B
Freeze their property valuation
C
Defer taxes until sale
D
Reduce taxes by 50%
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Related Topics & Key Terms

Related Topics:

property-assessment-processproperty-tax-calculationsenior-housing-optionshomeowner-assistance-programsarizona-real-estate-regulations

Key Terms:

Senior Property Valuation Protectionassessed valuation freezeARS §42-17301property taxArizona senior homeowner
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