Save On Taxes

Homestead Exemption Valuation
 Homestead Exemption is an exemption of $1,000 of the assessed valuation. This can be a savings of $87 to$134 depending on which area of the county you are located.

To Qualify
 You must be the homeowner who resides in the property on January 1. The deed must be executed on or before January 1 and filed with the County Clerk’s Office on or before February 1. You must be a resident of Oklahoma. 

To Apply
You may apply for Homestead Exemption with the Cleveland County Assessor’s Office between 8 a.m. and 5 p.m. Monday through Friday. Our office is located at 201 S. Jones, Rm 315, Norman, Oklahoma, 73069. Applications for homestead exemption are now available for downloading.
 Download forms here

Renewal
 If you have been granted a homestead exemption and continue to occupy the homesteaded property you shall not be required to re-apply for homestead exemption. However, if you change your deed or move you will need to re-file.

Additional Homestead Exemption

If you are head of household and qualify for homestead exemption, you may also qualify for additional homestead. You may receive an additional $1,000 assessment exemption if the gross household income from all sources did not exceed $20,000 for the past calendar year.

QUALIFICATIONS:
 You may file for additional homestead between January 1 and March 15 or within thirty (30) days from and after receipt by the  taxpayer of notice of valuation increase, whichever is later. There is a simple form on income that you will fill out as part of your application. Click here to download.  If you are 65 or older as of March 15 of the filing period and presently qualify for additional homestead, you will not have to renew the additional homestead annually. However, it will be the responsibility of the taxpayer to notify the Assessor’s office if your income exceeds $20,000. 

GROSS HOUSEHOLD INCOME
 "Gross household income" is defined in 68 O.S. Section 2890 as used in this section means "the gross amount of income of every type, regardless of the source, received by ALL PERSONS occupying the same household, whether such income was taxable or nontaxable for Federal or State income tax purposes, including pensions, annuities, federal social security, unemployment payments, public assistance payments, alimony, support money, workmen's compensation, loss of time insurance payments, capital gains and any other type of income received; excluding gifts. The applicant may be required to provide sufficient proof to substantiate the validity of the income statement.  The term "gross household income" shall not include any veterans' disability compensation payments.

Head-of-Household
"Head-of-household" is defined in 68 O.S. Section 2890 as "a person who as owner or joint owner maintains a home and furnishes support for said home furnishings, and other material necessities."
  

Please call (405) 366-0230 OR EMAIL if you have any questions or comments

Senior Valuation Freeze

QUALIFICATIONS:

(1) Head-of-household (as defined below) must be age 65 or older as of January 1, 2021. 

(2) Head-of-household must be an owner of and occupy the Homestead property on January 1, 2021.

(3) Gross household income (as defined below) cannot exceed $74,400 for the preceding calendar year.  This amount is determined by the United States Department of Housing and Urban Development (H.U.D.) as the qualification income for your individual county of residence.  The qualification income levels may be different for each county and are subject to change each year.  Contact your county assessor for the exact qualification income.  

(4) An application for Senior Valuation Freeze must be filed between January 1 and March 15th, or within thirty (30) days from and after receipt by the taxpayer of notice of valuation increase, whichever is later. The freeze will take affect for the taxable year in which the application is made and approved. No annual application is required.

(5) The application must be completed in its entirety regarding income, date of birth, ownership, and other information for the freeze to be valid.

*Note: The property value will be frozen at the taxable value after all increases and adjustments have been made the year application is made, not at the previous year’s taxable value. 

Gross Household Income
"Gross household income" is defined in 68 O.S. Section 2890 as used in this section means "the gross amount of income of every type, regardless of the source, received by ALL PERSONS occupying the same household, whether such income was taxable or nontaxable for Federal or State income tax purposes, including pensions, annuities, federal social security, unemployment payments, public assistance payments, alimony, support money, workmen's compensation, loss of time insurance payments, capital gains and any other type of income received; excluding gifts. The applicant may be required to provide sufficient proof to substantiate the validity of the income statement.  The term "gross household income" shall not include any veterans' disability compensation payments.

Head-of-Household
"Head-of-household" is defined in 68 O.S. Section 2890 as "a person who as owner or joint owner maintains a home and furnishes support for said home furnishings, and other material necessities."

 Please call (405) 366-0230 or EMAIL if you have any questions or comments.
 Download the Senior Valuation Freeze form here

Documents

  1. Homestead Exemption
  2. Additional Homestead Exemption
  3. Senior Valuation Freeze
  4. Disabled Veterans Exemption