How can I qualify for the Mayors property tax rebate?
Owners of one-, two-, and three-family houses (property Class 1) and condominiums and cooperative apartments (property Class 2) are eligible for the annual $400 property tax rebate, if at least one of the property owners uses the house or apartment as his or her primary residence. To qualify for the 2006 rebate, new homeowners must be current on payment of their property taxes, and they must have applied for the School Tax Relief (STAR) exemption. The STAR application serves two purposes: 1) it certifies that the home is the owner’s primary residence, which qualifies the owner for the rebate, and 2) STAR reduces the owner’s property taxes by approximately $200 a year, every year, until the owner moves.
