Colorado Senior Property Tax Exemption
A property tax exemption is available to qualifying senior citizens and the surviving spouses of seniors who previously qualified.
For those who qualify, 50 percent of the first $200,000 of the actual value of the applicant’s primary residence is exempted.
Qualification criteria include:
1. AGE - The qualifying senior must be at least 65 years old on January 1 of the year in which he or she qualifies
2. OCCUPANCY/OWNER OF RECORD - The qualifying senior must be the owner of record, and must have been the owner of record for at least ten consecutive years prior to January 1.
3. PRIMARY RESIDENCE - The qualifying senior must occupy the property as his or her primary residence, and must have done so for at least ten consecutive years prior to January 1.
Exceptions include:
1. properties held in trusts or other legal entities for estate planning purposes.
2. occupancy interrupted by confinement to a healthcare facility, nursing home, or assisted living
3. previous home was condemnation
4. also extended to disabled veterans
Next Steps:
If you or someone you know qualifies, you can complete the county’s form online by July 15.
CLICK HERE >> DENVER COUNTY FORM
CLICK HERE >> ARAPAHOE COUNTY FORM
CLICK HERE >> DOUGLAS COUNTY FORM