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Author Topic: Long Time Occupancy Exemption Form  (Read 2369 times)

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Offline buzz

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Long Time Occupancy Exemption Form
« on: June 19, 2008, 07:59:24 PM »
I reeived the application today for the Long Term Occupancy Exemption. Over 10 yrs.
It must be notarized.  Don't remember having to ever do that before.  Anyone?
Also, if you received it; they want them back by the 30th.
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Offline MRS. NORTHSIDER

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Re: Long Time Occupancy Exemption Form
« Reply #1 on: June 20, 2008, 04:52:21 PM »
Quote from: buzz on June 19, 2008, 07:59:24 PM
I reeived the application today for the Long Term Occupancy Exemption. Over 10 yrs.
It must be notarized.  Don't remember having to ever do that before.  Anyone?
Also, if you received it; they want them back by the 30th.
We also received it.  I think this is definitely a good thing for us long term owners.  Just an FYI to anyone who didn't receive it and has lived here since 1997 - contact the assessors office.  That 7% tax cap has to be voted on regularly and I have a feeling that even if they don't renew it for everyone this may be a loophole especially considering the fact they want it notarized. 
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Offline buzz

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Re: Long Time Occupancy Exemption Form
« Reply #2 on: June 22, 2008, 07:06:24 AM »
Today's Tribune, Metro Section, Pg.3....small article about this subject.
Illinois legislature did not vote on the extension. 
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Offline tgoddess

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Re: Long Time Occupancy Exemption Form
« Reply #3 on: June 22, 2008, 10:16:15 AM »
I've lived here 12 years.  Didn't get a thing.

Hmm.
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Offline buzz

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Re: Long Time Occupancy Exemption Form
« Reply #4 on: June 22, 2008, 08:50:48 PM »
Tg.....had you ever applied for or received the exemption in the past?
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Offline Bear

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Re: Long Time Occupancy Exemption Form
« Reply #5 on: June 24, 2008, 09:34:54 AM »
Here is one of the guys from the Cook County property tax office....

http://www.chicagotribune.com/video/?slug=chi-080627vincent-falk-wn
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