Homestead Exemption

On February 27, 2017 the Narragansett Town Council adopted a Homestead Exemption. The exemption shall be set annually by the Town Council in an amount not to exceed 10% of the assessed value of the property.

The Homestead exemption applies to property:

  1. Which is the resident taxpayer's principle residence and legal domicile; and
  2. Legally titled to the resident taxpayer, a trust to which the resident taxpayer is the named beneficiary, or to a corporation entity owned and controlled by the resident taxpayer.
  3. Used exclusively for residential purposes and improved with a dwelling containing less than 5 units, or used for a combination of residential and commercial uses

The Homestead exemption does not apply to:

  1. Vacant Land.
  2. Dwelling units that are leased or rented out.

Homestead Application

Homestead Ordinance