英语词汇“homestead exemption”的翻译、意思、用法、释义-英汉经管词典

单词	homestead exemption
释义	homestead exemption Definition Portion of a home's assessed value that is exempt from property taxes. For example, if a home is assessed at $300,000 and the homestead exemption in that state is $25,000, then that would only allow $275,000 to be used as the assessed value for property tax purposes. This will essentially bring down the tax burden placed on the individual. Most jurisdictions only allow a primary residence to receive this exemption.
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