Property Ownership
Ohio's homestead exemption for seniors and disabled persons provides:
AComplete exemption from all property taxes
BA reduction in property taxes by exempting a portion of the home's assessed value✓ Correct
CA freeze on the property's market value for tax purposes
DAn exemption from county transfer fees
Explanation
Ohio's homestead exemption reduces the property tax burden for qualifying seniors (65+) and disabled persons by reducing the taxable assessed value of their primary residence.
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