Property Ownership
In Texas, a homestead exemption for a person who is 65 or older provides:
AA 100% exemption from property taxes
BAn additional exemption amount and a freeze on the school district tax at the level when the owner turns 65✓ Correct
CA 50% reduction in all property taxes
DExemption from HOA assessments
Explanation
Texas provides an additional homestead exemption for seniors 65+ and freezes (limits) the school district property tax to the amount assessed in the year the owner turns 65 or qualifies, protecting seniors from school tax increases.
Related Texas Property Ownership Questions
- Under Texas Property Code, a 'manufactured home' is treated differently from stick-built housing for title purposes. A manufactured home on a permanent foundation that is converted to real property requires:
- Texas Property Code Section 5.076 requires sellers of residential property to provide a written notice to buyers about the existence of water district or MUD (municipal utility district) assessments. This notice informs buyers about:
- In Texas, an 'express easement' is created by:
- Under Texas law, 'riparian rights' apply to owners of property that:
- A condominium owner in Texas owns:
- In Texas, a 'dedication' of a street or road to the public means:
- In Texas, a property owner sells the surface but reserves '50% of the minerals.' This reservation means:
- Under Texas law, which document most reliably establishes a person's current ownership of real property?
Practice More Texas Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Texas Quiz →