First possible exemption:
Second possible exemption:
*Upon the transfer of the principal place of residence of a disabled veteran or of a surviving spouse of a disabled veteran entitled to and granted a disabled veteran exemption, the disabled veteran or the surviving spouse may choose to: (1) maintain the exemption for that residence for the remainder of the year, even if the residence is transferred during the year; or (2) remove the exemption for that residence and apply it to the disabled veteran's or the disabled veteran's surviving spouse's new principal place of residence, regardless of whether the exemption was applied for and claimed within thirty days of the mailing of the county assessor's notice of valuation made pursuant to the provisions of Section 7-38-20 NMSA 1978. (7-37-5.1 NMSA 1978.).
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The state statue on this reads: Head of the Household means an individual
New Mexico resident who is either:
Those eligible for this exemption must apply for it only once to receive it in subsequent years. Only one family exemption per household is permitted.
The Head of the Household exemption for 1988 was $200. In 1989 and 1990, the amount was $800; and in 1991 and 1992 it was $1,400. In 1993 it capped at $2,000. (7-38-17 NMSA)