What exemptions and deferrals are available for property owners?

Property owners in King County may be eligible for several exemptions and deferrals. The most common exemption is the Senior Citizen and Disabled Persons Exemption, which offers relief to qualifying individuals aged 61 or older, or those with disabilities. Another exemption is the Veterans and Disabled Veterans Exemption, benefiting honorably discharged veterans with service-connected disabilities. Additionally, there are exemptions for properties used for religious, charitable, or educational purposes. Land used for open space, agriculture, or timber production may also qualify for special assessment. Those facing economic hardship can apply for deferrals, allowing them to postpone property tax payment until a later date. These exemptions and deferrals aim to provide financial assistance to eligible property owners by reducing their tax burden.