GA HB1498

Attorneys closing real estate transactions for properties qualifying for homestead exemptions must transmit all necessary information to the tax receiver or tax commissioner to enable automatic granting of the exemption without further application by the homeowner.

Tax receivers or tax commissioners must send notice to homeowners confirming the granting of the exemption and specifying which tax year it will first apply.

The new automatic exemption process applies notwithstanding any conflicting provisions in local Acts.

Existing rules remain in effect: homeowners need only apply once as long as they continuously occupy the residence, and exemptions automatically renew each year.