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Questions And Answers About The New 100% Disabled Veteran'S Homestead Exemption - Texas Veterans Land Board Page 2

compensation for a service-connected disability and have a rating of 100% disability or

individual unemployability.

Q. When is the new homestead exemption effective?

It is retroactive to January 1, 2009. If you owned your home and qualified on that date,

you’ll receive the exemption for 2009.

Q. I bought my home after January 1, 2009. Will I get the new exemption for part

of 2009?

No. The exemption will take effect for the 2010 year if you didn’t own your home on

January 1, 2009.

Q. My disability rating is actually 50%, but because I am over 65, I receive the

maximum disability exemption. Do I qualify for the new homestead exemption?

No. You must be 100% disabled or have a rating of individual unemployability to qualify for

the new exemption. You must also be receiving 100% disability compensation from the VA.

If the VA reduces or changes either of these ratings, it is your responsibility to notify the

appraisal district in writing.

Q. If something happens to me, will the new homestead exemption pass to my

spouse or children?

No. Only the disabled veteran can claim the new 100% homestead exemption.

Q. I owe delinquent taxes on my home for years before 2009. Will the new

exemption affect those?

No. The exemption will apply for 2009 forward. It does not affect prior years.

Q. I am in a hospital or nursing home. Can I still get the new exemption?

Yes, as long as you intend to return to the home when you are able.

Q. My spouse and I own our home together. How is the new homestead

exemption calculated?

If the home is community property, it is calculated as if you owned 100% of the home. If

the home is not community property, the exemption is prorated in proportion to the value

of your interest.

Q. I have a mortgage on the home. Can I still get the new homestead exemption?

Yes.

Q. I don’t currently have a homestead exemption. Do I need to apply for the

regular homestead exemption in addition to this one?

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Updated 09-18-2009

Questions And Answers About The New 100% Disabled Veteran'S Homestead Exemption - Texas Veterans Land Board Page 2