Senior Property Homestead Exemption
In 2000, voters amended the Colorado Constitution with the adoption of Section 3.5 of Article X. The amendment and subsequent legislation created a property tax exemption for two groups of people: qualifying seniors and the surviving spouses of seniors who previously qualified. The three basic requirements are:
- The qualifying senior must be at least 65 years old on January 1 of the year in which he/she qualifies.
- The qualifying senior must be the owner of record, and must have been the owner of record for at least 10 consecutive years prior to January 1.
- The qualifying senior must occupy the property as his/her primary residence, and must have done so for at least ten consecutive years prior to January 1.
The Application Process
Two application forms have been created for the exemption. The Colorado Senior Property Tax Exemption Short Form is intended for qualifying seniors that meet each of the requirements stated above. The Colorado Senior Property Tax Exemption Long Form must be used by individuals applying under the surviving spouse option and for applicants applying as the qualifying senior who fall within certain exceptions to the occupancy and ownership requirements.
The application period for the 2017 tax year has ended. Applications for the 2018 tax year will be available January 2018.
The application deadline for either form is July 15 of the year for which you are seeking exemption. The exemption must be applied for only once, and remains in effect for subsequent years as long as the property ownership and occupancy do not change. exemption will not be reduced.
For more information, please refer to the brochure published by the state of Colorado: Property Tax Exemption for Senior Citizens in Colorado
For more information, please contact the Assessor's Office by calling 970-641-1085.