Local Real Estate Tax Exemptions

Legal Minute with Cooley Shrair

SPRINGFIELD, Mass. (Mass Appeal) –  No one enjoys paying taxes, and local real estate taxes are no exception. With that in mind, everyone who owns real estate should be aware of exemptions that may be available to certain individuals who qualify and apply. Attorney John Davis from the Law Offices of Cooley Shrair in Springfield shared more.

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What are real estate taxes?
Real estate taxes are property taxes authorized by state law with respect to real property.
Real estate taxes are assessed and collected by our cities and towns, and not by MA Department of Revenue.
The value of your real estate affects the taxes assessed with respect to the real estate.

Are there exemptions from these taxes that individuals may consider?
M.G.L. Chapter 59, Section 5, set forth exemptions that cities and taxes may give certain individuals who pay real estate taxes.
An exemption typically reduces one’s tax obligation.

Who are the individuals who may qualify for exemptions?
Veterans and Spouses
Individuals who are legally blind

What should one do to find out if one may qualify for an exemption?
Contact your assessor’s office of the city or town I which you own your real estate. They should be able to help you determine what exemptions are available for individuals and whether you may qualify, and procedures you would need to follow to obtain an exemption. One’s personal attorney might also be able to provide some guidance.

About Cooley Shrair:
Cooley, Shrair P.C., founded in 1946 by Judge Sidney M. Cooley and Attorney Edward B. Cooley, is a progressive law firm located in Springfield, MA. Cooley Shrair provides unequaled service to its clients. Our unparalleled response time to our clients’ needs is the foundation of our mission statement.

At Cooley Shrair, family and business have always had a way of blending together. We know the importance of balancing the boardroom and the courtroom with the living room from time to time. We listen carefully to understand our clients’ concerns and work vigorously with them to develop strategies for success. It’s not just business, it’s personal.

We pride ourselves in being the most responsive lawyers in the area, covering virtually every area of practice for individuals and multinational corporations across the United States and Canada. Cooley Shrair is recognized consistently for exceeding client expectations and providing competent, integrated, and cost-effective legal services.

Our attorneys are each distinguished in their respective areas of concentration and are complemented by a professional support staff. Cooley Shrair is a formidable opponent who fiercely advocates on behalf of our clients and we take pride in our commitment to provide unparalleled response and unparalleled solutions.

We’re a family, and to us, that’s very personal business.

Promotional consideration provided by Cooley Shrair.

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