Homeowner Grants for owner occupied properties as of Spring 2006

• Homeowner grants can reduce property taxes by as much as $570.
• Property tax exemption for owners who are disabled, veterans or over 65 years old can be as high as $845.
• The minimum amount of property tax due each year will be no lower than $350.
• To qualify for full exemption, the assessed value of the property must be less than $780,000 (partial exemptions apply to properties valued between $780,000 and $894,000).

For more information visit: http://www.sbr.gov.bc.ca/rpt/DetailedPages/regular_home_owner_grant.htm