KRS § 132.810 — KY Code / Title XI / Chapter 132 / Section 132.810
132.810 Homestead exemption -- Application -- Qualification
Status: in_force

132.810 Homestead exemption -- Application -- Qualification.

(1) To qualify under the homestead exemption provision of the Constitution, each

person claiming the exemption shall file an application with the property valuation

administrator of the county in which the applicant resides, on forms prescribed by

the department. The assessed value of property on which homestead exemption is

claimed shall not be increased because of valuation expressed on the application

form filed with the property valuation administrator, and whenever it becomes

known that the valuation of property subject to the homestead tax exemption has

been increased because of valuation expressed on the application form, adjustment

shall be made the following year so that the total tax paid by the taxpayer is the

same as if the increase had not been made.

(2) (a) Every person filing an application for exemption under the homestead

exemption provision must be sixty-five (65) years of age or older during the

year for which application is made or must have been classified as totally

disabled under a program authorized or administered by an agency of the

United States government or by any retirement system either within or without

the Commonwealth of Kentucky on January 1 of the year in which application

is made.

(b) Every person filing an application for exemption under the homestead

exemption provision must own and maintain the property for which the

exemption is sought as his personal residence.

(c) Every person filing an application for exemption under the disability provision

of the homestead exemption must have received disability payments pursuant

to the disability and must maintain the disability classification for the entirety

of the particular taxation period.

(d) 1. Every person filing for the homestead exemption who is totally disabled

and is less than sixty-five (65) years of age must apply for the homestead

exemption on an annual basis, except as provided by subparagraph 2. of

this paragraph.

2. a. A service-connected totally disabled veteran of the United States

Armed Forces; or

b. A totally and permanently disabled individual found disabled

under:

i. The applicable rules of the Social Security Administration;

ii. The applicable rules of the Kentucky Retirement Systems; or

iii. Any other provision of the Kentucky Revised Statutes;

shall document the disability at the time of application for the homestead

exemption and shall not be required to apply for the homestead

exemption on an annual basis.

(e) 1. Only one (1) exemption per residential unit shall be allowed even

though the resident may be sixty-five (65) years of age and also totally

disabled, and regardless of the number of residents sixty-five (65) years

of age or older occupying the unit.

2. The sixty-five hundred dollars ($6,500) exemption provided in Section

170 of the Constitution of Kentucky shall be construed to mean sixty-

five hundred dollars ($6,500) in terms of the purchasing power of the

dollar in 1972.

3. Every two (2) years thereafter, if the cost of living index of the United

States Department of Labor has changed as much as one percent (1%),

the maximum exemption shall be adjusted accordingly.

(f) The real property may be held by legal or equitable title, by the entireties,

jointly, in common, as a condominium, or indirectly by the stock ownership or

membership representing the owner's or member's proprietary interest in a

corporation owning a fee or a leasehold initially in excess of ninety-eight (98)

years. The exemption shall apply only to the value of the real property

assessable to the owner or, in case of ownership through stock or membership

in a corporation, the value of the proportion which his interest in the

corporation bears to the assessed value of the property.

(g) A mobile home, recreational vehicle, when classified as real property as

provided for in KRS 132.751, or a manufactured house shall qualify as a

residential unit for purposes of the homestead exemption provision.

(h) When title to property which is exempted, either in whole or in part, under the

homestead exemption is transferred, the owner, administrator, executor,

trustee, guardian, conservator, curator, or agent shall report such transfer to

the property valuation administrator.

(3) Notwithstanding any statutory provisions to the contrary, the provisions of this

section shall apply to the assessment and taxation of property under the homestead

exemption provision for state, county, city, or special district purposes.

(4) (a) The homestead exemption for disabled persons shall terminate whenever

those persons no longer meet the total disability classification at the end of the

taxation period for which the homestead exemption has been granted. In no

case shall the exemption be prorated for persons who maintained the total

disability classification at the end of the taxation period.

(b) Any totally disabled person granted the homestead exemption under the

disability provision shall report any change in disability classification to the

property valuation administrator in the county in which the homestead

exemption is authorized.

(c) Any person making application and qualifying for the homestead exemption

before payment of his property tax bills for the year in question shall be

entitled to a full or partial exoneration, as the case may be, of the property tax

due to reflect the taxable assessment after allowance for the homestead

exemption.

(d) Any person making application and qualifying for the homestead exemption

after property tax bills have been paid shall be entitled to a refund of the

property taxes applicable to the value of the homestead exemption.

(5) In this section, "taxation period" means the period from January 1 through

December 31 of the year in which application is made, unless the person

maintaining the classification dies before December 31, in which case "taxation

period" means the period from January 1 to the date of death.