May 20
2015

Cook County Assessor Bill-Back of Erroneous Exemptions

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Under Illinois law, qualified taxpayers are entitled to various real estate tax exemptions for their principal residence. These exemptions (called the “homestead exemptions”) reduce the amount of the tax bill. Qualified taxpayers are only entitled to homestead exemptions on their principal residence and can only receive homestead exemptions on one residence.

This article outlines Cook County Assessor’s actions to recover on erroneous homestead exemptions.

Also attached is the Erroneous Homestead Exemption statute and Homeowner Exemption Waiver.

Cook County Assessor Bill-Back of Erroneous Exemptions

35 ILCS 200_9-275. Erroneous Homestead Exemptions

Homeowner Exemption Waiver