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Yavapai County Reminds Seniors About Property Value Freeze
Description
The Yavapai County Assessor's Office is reminding senior homeowners about the upcoming September 2nd deadline to apply for the Senior Property Valuation Protection Option, often referred to as the "Senior Freeze." This vital program helps eligible seniors by freezing the Limited Property Value (LPV) of their primary residence for a three-year period, providing stability against rising property valuations. While the "Senior Freeze" does not freeze the actual property tax bill, it locks in the property's Limited Property Value, which is a key component in calculating annual property taxes. This can lead to significant savings for qualifying seniors. "We strongly encourage...
For the written story, read here >> https://www.signalsaz.com/articles/yavapai-county-reminds-seniors-about-property-value-freeze/
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