Form PTF653-2C "Application for Veteran Property Tax Exemption for Cooperative Housing Corporations" - Maine

What Is Form PTF653-2C?

This is a legal form that was released by the Maine Department of Administrative and Financial Services - a government authority operating within Maine. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on January 1, 2016;
  • The latest edition provided by the Maine Department of Administrative and Financial Services;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a printable version of Form PTF653-2C by clicking the link below or browse more documents and templates provided by the Maine Department of Administrative and Financial Services.

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Download Form PTF653-2C "Application for Veteran Property Tax Exemption for Cooperative Housing Corporations" - Maine

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APPLICATION FOR VETERAN PROPERTY TAX EXEMPTION
FOR COOPERATIVE HOUSING CORPORATIONS
36 M.R.S. § 653
Please refer to Bulletin #7 for additional information – this application is confidential.
File this application, including all required attachments, with your municipal assessor by April 1.
**************************************************************************************************
This application is for cooperative housing corporations. A cooperative housing corporation is defined as
an entity organized for the purpose of owning residential real estate in which residents own shares that
entitle them to inhabit a designated space within a residential dwelling.
Name of Cooperative Housing Corporation: __________________________________________________
Mailing Address: _______________________________________________________________________
Municipality: _______________________________________ State: _________ ZIP: _________________
Telephone #: ______________________________________
Property Location (Map, Lot, etc.): _________________________________________________________
I hereby apply for exemption from local property taxation in accordance with 36 M.R.S. § 653. No property on
which exemption may be claimed under this section has been conveyed to me for the purpose of obtaining an
exemption. The answers to the above questions are correct to the best of my knowledge and belief.
Signature of Cooperative Housing Corporation Officer(s)
_________________________________________________ Date: ______________________________
_________________________________________________ Date: ______________________________
APPLICATION FOR VETERAN PROPERTY TAX EXEMPTION
FOR COOPERATIVE HOUSING CORPORATIONS
36 M.R.S. § 653
Please refer to Bulletin #7 for additional information – this application is confidential.
File this application, including all required attachments, with your municipal assessor by April 1.
**************************************************************************************************
This application is for cooperative housing corporations. A cooperative housing corporation is defined as
an entity organized for the purpose of owning residential real estate in which residents own shares that
entitle them to inhabit a designated space within a residential dwelling.
Name of Cooperative Housing Corporation: __________________________________________________
Mailing Address: _______________________________________________________________________
Municipality: _______________________________________ State: _________ ZIP: _________________
Telephone #: ______________________________________
Property Location (Map, Lot, etc.): _________________________________________________________
I hereby apply for exemption from local property taxation in accordance with 36 M.R.S. § 653. No property on
which exemption may be claimed under this section has been conveyed to me for the purpose of obtaining an
exemption. The answers to the above questions are correct to the best of my knowledge and belief.
Signature of Cooperative Housing Corporation Officer(s)
_________________________________________________ Date: ______________________________
_________________________________________________ Date: ______________________________
INSTRUCTIONS
“Cooperative housing corporation” means any entity organized for the purpose of owning residential real
estate in which residents own shares that entitle them to inhabit a designated space within a residential
dwelling.
“Qualifying shareholder” means an individual who is a shareholder in a cooperative housing corporation
who would qualify for a veteran exemption if that person were the owner of the property.
Completed applications must be filed annually with the municipal assessor no later than April 1. This
application must be accompanied by an application for each eligible shareholder on the form titled Application
for Veteran Property Tax Exemption for Cooperative Housing Shareholder. You must also attach any
information required by the municipality to verify eligibility for the exemption. Applications filed after April 1 will
be applied to the subsequent year tax assessment.
One or more of the officers of the cooperative housing corporation applying for the exemption must sign this
application.
A cooperative housing corporation must apportion the property tax reduction resulting from an exemption
among the qualifying shareholders. The apportioned tax reduction is calculated according to the proportion of
the total exemption that each qualifying shareholder would be entitled to if the qualifying shareholder were the
owner of property. Any supplemental assessment resulting from disqualification is applied in the same
manner.
PTF 653-2c
Updated 1/16
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