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Property Tax Relief

Property Tax Relief refers to government programs designed to reduce the tax burden on property owners. It can come in various forms, such as exemptions, credits, or deferrals that lower the amount of property tax owed. These programs often aim to assist specific groups, like senior citizens, veterans, or low-income families, making home ownership more affordable. By easing tax liabilities, Property Tax Relief helps promote economic stability and ensure that individuals can remain in their homes despite rising property values or tax rates.