A new Texas Homestead Law took effect Sept. 1. House Bill 252 requires homeowners for the first time to prove that they actually reside in the home they are claiming as a homestead.  Required documents are the homeowner's driver's license or state ID card plus vehicle registration.  If the homeowner doesn't own a vehicle, a copy of a utility bill plus an affidavit stating that no vehicle is owned is accepted.  The address on all documents must match the address for which the owner is claiming an exemption.  This new law applies only to new homestead applications. Any previous exemption will remain in effect. 

This law also applied for those applying for the over-65 exemption, disability and disabled vet exemptions.  In addition, the extended exemption for a surviving spouse and the mobile or manufactured home exemption are also included in the new law. 

Those appling for the mobile or manufactures home exemption must now provide proof of purchase and a Texas Dept. of Housing and Community Affairs document stating proof of location and ownership.  These forms are available on-line at http://www.window.state.tx.us/taxinfo/taxforms/50-114.pdf

Lee Couch is a real estate sales associate with Shoreline Real Estate in Rockport, Texas.  Whether you're looking for a vacation home, a building lot or have plans to relocate, I can help.  Rockport, TX and Fulton, TX lie on the Live Oak peninsula 30 min. north of Corpus Christi, TX and are surrounded by Copano Bay, Aransas Bay and St. Charles Bay. We have many waterfront communities with canal and bayfront homes where you can pull your boat right up to the house! Rockport, TX has been named by Coastal Living Magazine as one of the top ten coastal artists colonies in the country. It is home to the Aransas Wildlife Refuge and the endangered whooping cranes, Goose Island State Park, the Fulton Mansion, Texas Maritime Museum, and Texas' first Blue Wave Beach.

Check out all the local listings in Rockport, TX, Fulton, TX and Aransas Pass, TX on Lee's website:

http://www.texasbeachbuys.com

"Turning Your Dreams into Your Address"

 
This post has been included in Texas Real Estate News

1 Comments on New Texas Homestead Law

SEP
14
2011
454,518 Points 15 Featured Posts Called Shot Master

Hi, Lee! You don't see a lot of Homesteading going on around this part of the country! Good to know it's stilll happening in other parts of the nation.

1:28am • #1


What does the graphic say?
Leave a response…


(optional)
Spam Prevention:
 
Lee%203%20(copy)

Lee Couch

Rockport, TX

More about me…

Shoreline Real Estate

Address: 1723 Cherry, Suite 6, Rockport, TX, 78382

Office Phone: (361) 729-7900

Cell Phone: (361) 463-3975

Email Me



Links

Archives

RSS 2.0 Feed for this blog