Disabled Veteran Exemption
Who qualifies
- Income
- No income limit.
- Ownership
- Own and occupy the property as the principal residence. If two or more disabled veterans co-own the property, the highest disability percentage among them applies.
- Residency
- Veteran with a federally determined service-connected disability who occupies the property as the principal place of residence (includes joint/community property with the spouse). A Certificate of Eligibility from the NM Department of Veterans' Services is required.
How much it saves
No dollar estimate. This exemption's percentage isn't available.
How to apply
- Application required: Yes
- Deadline: Obtain a Certificate of Eligibility from the NM Department of Veterans' Services and file it with the county assessor.
- Renewal: automatic — Continues while the Certificate of Eligibility is on file and eligibility is unchanged.
Combining with other exemptions
Applies to the value remaining after the Section 7-37-5 veteran exemption is deducted.
Official sources:
Informational only — not legal or tax advice. Exemption rules and amounts are summarized from official statutes and state tax-agency sources as of each program's verified date and can change by legislative session. Dollar figures are estimates derived from Census ACS county tax data, not actual bills. Confirm your eligibility and current amounts with your county assessor before relying on anything here.