Long-Time Occupant Exemption
The Long-Time Occupant Exemption enables you to receive an Expanded Homeowner Exemption with no maximum exemption amount.
Requirements for the exemption, for this year state that you must have:
•owned and occupied your residence from January 1, 2001 to January 1, 2011,
•a total household income of $100,000 or less, and
•an assessment increase for your property that was significant enough to exceed the maximum amounts set by the state legislature.
To download the form click on the following link: 2011 LTO
For additional information please visit the Cook County Assessor website at www.cookcountyassessor.com