Property Ownership
What is the Ohio Homestead Exemption and who qualifies?
AExempts all primary residences from property taxes
BReduces property taxes for homeowners 65+ or permanently and totally disabled✓ Correct
CProtects homes from creditors in bankruptcy
DExempts first-time homebuyers from conveyance fees
Explanation
Ohio's Homestead Exemption (ORC 323.152) reduces the taxable value of a primary residence for qualifying homeowners age 65 or older or permanently and totally disabled, providing property tax relief.
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