Property Tax Exemptions

Certain classes of property are tax exempt by law.

Fully exempt property tax may include real estate or personal property owned by governmental entities, school systems, and other institutions.

Partially exempt property tax relates to the following categories:

Homestead Exemption -This program provides a measure of property tax relief for certain individuals that have owned homestead property in Maine for at least twelve months and make the property they occupy on April first their permanent residence. Property owners would receive an exemption of $10,000. Homestead Application

Veteran Exemption - A veteran who served during a recognized war period and is 62 years or older; or, is receiving 100% disability as a Veteran; or, became 100% disabled while serving, is eligible for $6,000. Veteran Exemption Application
Flowchart of Veteran's Exemption Qualifications

Paraplegic Veteran - A veteran who received a federal grant for a specially adapted housing unit may receive $50,000. Veteran Exemption Application

Blind Exemption - An individual who is determined to be legally blind receives $4,000. Blind Exemption Application

Business Equipment Tax Exemption - Title 36 691 700(b).More Information

Partial exemptions must be adjusted by the municipality's certified assessment ratio.

All of the above exemptions require completion of an application to the local town office where the property is located. Exemption claims may require additional information to support the claim for exemption, and must be delivered to the Assessor's office no later than April 1 st .

For more information see Title 36 Sections 651 through 684.