Senior Valuation Protection

In the 2000 election, Arizona voters passed a constitutional amendment that allows for the “freezing” of the valuation of the primary residence of those seniors who meet all of the following requirements:

1. At least one of the owners must be 65 years of age at the time the application is filed.

2. The property must be the primary residence of the taxpayer.

3. The owner must have resided in the primary residence for at least two years prior to applying for the option.

4. The owner(s) total income from all sources cannot exceed the amount specified by law. For 2019, the maximum income is $37,584 for a single owner or $46,980 for two or more owners.

A statewide application form is available from the Department of Revenue, here.

The Maricopa County form, with slightly different instructions, is available here.