Example: A dentist has an office on the first floor of a building and resides on the top floor. When a sale or deed transfer occurs, the Homestead stays on the parcel for the remainder of the tax year and then is removed January 1 of the following year.Īre Homesteads allowed on parcels that are deemed commercial in use? A Homestead Exclusion is allowed if the parcel is of "mixed" use, commercial and residential. How long does the Homestead remain on a parcel? The Homestead Exclusion remains on the parcel as long as the owner retains the property as his/her primary residence. We can research that information for you. Is that legal? No, the owner must use the property as his/her primary residence to qualify for the Homestead Exclusion. It still has a Homestead Exclusion on it. My neighbor has moved out and uses his former home as a rental property. Office of Property Assessments Attn: Legislative Acts 542 Forbes Avenue, Room 347 Pittsburgh, PA 15219 How do I remove the Homestead Exclusion from my property? If you want to remove Act 50 from a property which is no longer your primary residence, you must submit an Act 50 Removal Form, with your signature, requesting that we remove the Homestead Exclusion.
Why was the Act 50 taken off my property? When a deed is filed with Allegheny County and processed by the Division of Real Estate, the Act 50 is removed at the end of the year.
How do I get the Act 50 removed from a property I just sold? Act 50 will automatically be removed once the sale is processed through the Division of Real Estate, but it will remain on the property until the end of the year. Any other Homesteads will be removed, and the owner is subject to interest, penalties and fines up to $2500. If you believe the Homestead Exclusion should be applied and have filed your application, we can research that information.ĭo I have to apply every year for the Homestead Exclusion? No, you don't have to apply again if you remain the property owner, you haven't filed a deed transfer, and it continues to be your primary residence.Ĭan a homeowner have more than one Homestead Exclusion? No, a homeowner is eligible for the Homestead Exclusion only for his/her primary residence. Example: If you transfer your deed to your maiden name, the Homestead Exclusion will be removed at the end of the year. Also, if there is a name change to a deed, you must file a new Act 50 application. Why isn't the Homestead (Act 50) applied to my property? You must apply for the Act 50 if you purchase a property. In addition, if you have previously filed and qualified for the Act 50 exclusion, you are automatically registered for the Act 1 program. Once you have filed, your exemption will remain in effect until you sell/transfer the property or change your occupancy.
The application deadline is March 1 of each year. To qualify, you must be the owner and occupy the dwelling as your primary residence. What is the Homestead Act, and do I qualify? The Homestead/Farmstead Exclusion (Act 50) is a program that reduces your market value by $18,000 for county taxes only. Homestead/Farmstead Exclusion Frequently Asked Questions
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