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Property Tax Relief
Homestead Exclusion for Elderly & Disabled (NCGS 105-277.01)
Application Deadline - June 1
Qualifying owners benefit by having the greater of $25,000 or 50% of the value of their permanent residence excluded from taxation. To qualify, the property owner must meet the following requirements on January 1 of the year he/she applies:
- Is at least 65 years of age or totally and permanently disabled.
- Has an income for the prior year of not more than the statutory limit. For 2010 applications based on 2009 income, that limit is $27,100.
- Is a Cabarrus County resident.
- The home for which application is made must be applicant's permanent residence.
Income is defined as all other moneys received from every source, other than gifts or inheritances received from a spouse, lineal ancestor, or lineal descendant. For married applicants residing with their spouses, the income of both spouses must be included, whether or not the property is in both names. The application period is January 1 to June 1. To obtain an application, contact the County Assessor's Office at 704-920-2175.
Elderly or Disabled Program Overview
Elderly or Disabled Application (AV-9)
Certification of Disability Form (AV-9A)
Homestead Circuit Breaker Deferment (NCGS 105-277B)
Application Deadline - June 1
This program defers some property tax on the permanent residence by limiting current year property taxes to either 4% or 5% of income (depending on current year income level). To qualify, the property owner must meet the following requirements as of January 1 of the year he/she applies:
- Is at least 65 years old or permanently and totally disabled.
- Has household income for 2009 of not more than $27,100 for 4% limit or $40,650 for 5% limit.
- Is a Cabarrus County resident.
- The home for which application is made must be applicant's permanent residence.
The current year plus the most recent three years of deferred taxes become a lien on the residence and become due with interest upon one of the following disqualifying events: 1) the owner transfers the residence; 2) the owner dies; or 3) the owner ceases to use the property as a permanent residence. Once a deferred tax bill is no longer the current year bill or one of the most recent three years tax bills, the bill is released and not payable by the taxpayer. Multiple owners of a permanent residence must all qualify for the circuit breaker before a deferment of taxes will be allowed to any owner.
Income is defined as all other moneys received from every source, other than gifts or inheritances received from a spouse, lineal ancestor, or lineal descendant. For married applicants residing with their spouses, the income of both spouses must be included, whether or not the property is in both names. The application period is January 1 to June 1. To obtain an application, contact the County Assessor's Office at 704-920-2175 or print one out from the following link.
Circuit Breaker Program Overview
Circuit Breaker Application (AV-9)
Certification of Disability (AV-9A)
Disabled Veteran Exclusion (NCGS 105-277.1C)
Application Deadline - June 1
This program excludes the first $45,000 of value from property taxes on the permanent residence. To qualify, the property owner must meet the following requirements as of January 1st of the year he/she applies:
- Have a permanent and total disability that is service connected or receive benefits under 38 U.S. C. 2101 (specially adapted housing). Note: This benefit is also available to the unmarried surviving spouse of a disabled veteran.
- Is a Cabarrus County resident.
- The home for which application is made must be applicant's permanent residence.
The application period is January 1 to June 1. To obtain an application, contact the County Assessor's Office at 704-920-2175 or print one out from the following link.
Disabled Veteran Program Overview
Disabled Veteran Application (AV-9)
Certification of Veteran Disability (NCDVA-9)
Additional Information
What if I qualify for more than one Program?
An owner who qualifies for both the Elderly/Disabled Exclusion and the Homestead Circuit Breaker may elect to take only one of these forms of property tax relief.
What if I already receive this benefit?
The Homestead Circuit Breaker must be applied for each year. If you continue to qualify for the Elderly/Disabled Exclusion or the Disabled Veterans Exclusion, simply verify all the information on the front of your Property Listing Form and sign, date and return the form by January 31. If you changed permanent residences within the county during the year, you need to file a new application and notify us that your previous residence no longer qualifies. If you no longer qualify due to income, ownership or occupancy, you must notify the County Assessor's Office by completing Section B on your Property Listing Form and sign, date and return it by January 31.
Property Tax Exemptions (NCGS 105-277.8 thru 278.8)
Application Deadline - January 31
North Carolina General Statutes allow for certain types of property to be exempt from property taxes if they meet the requirements specified by the statutes. Some types of exempt property may include, but are not limited to:
- Property used for religious purposes
- Property set aside for burial purposes
- Property used for educational, scientific, or literary purposes
- Property used for charitable purposes
To apply for exemption, an application must be filed with the County Assessor's Office during the regular listing period, which is the month of January. To find out more about property tax exemptions, please call 704-920-2175.
Property Tax Exemption Application
Present Use Deferment Program (NCGS 105-277.2 thru 277.7)
Application Deadline - January 31
Property tax deferral is provided by this program for qualifying property involved in agricultural, horticultural, or forestry management. Basic eligibility requirements must be met regarding:
- Ownership
- Acreage
- Income
- Sound Management
To find out more about property tax exemptions, please call 704-920-2175.
Present Use Program Overview
Present Use Program Application (AV-5)
Present Use Statutes (AV-4)
Voluntary Payment of Deferred Taxes (AV-3)
Request for Voluntary Disqualification (AV-6)
Request for Estimate of Deferred Taxes (AV-7)
North Carolina Wildlife Conservation Program (105-277.15)
Application Deadline - January 31
Effective for the 2010 tax year, the North Carolina Legislature has approved a Wildlife Conservation Program. Although not a part of the Present Use Value (Farm Use) Program, it does require that land in the program be assessed as if it were agriculture land. The statute defines the types of habitats and species that will qualify land for the program. The land must consist of at least 20 acres and no more than 100 acres in any one county. The land must be managed under a written Wildlife Habitat Conservation Agreement with the NC Wildlife Resources Commission. Basic eligibility requirements must be met regarding:
- Ownership
- Acreage
- Income
- Sound Management
For addition information about the program, contact the Cabarrus Tax Administration Office at (704) 920-2428.
Wildlife Conservation Statute
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