Laws vary from state to state, but property tax is often a locally assessed and locally administered tax (by counties)—and in those states there is no state property tax. Property tax brings in the most money of all taxes available to local government to pay for schools, roads, police and firemen, emergency response services, libraries, parks, and other services provided by local government.

Most states offer a variety of partial or total (absolute) exemptions from appraised property values used to determine local property taxes. A partial exemption removes a percentage or a fixed dollar amount of a property's value from taxation. A total (absolute) exemption excludes the entire property from taxation. Taxing units (government entities) may be required by the state to offer certain (mandatory) exemptions and have the option to decide locally on whether or not to offer others (local option).

Exemptions from property tax usually require the taxpayer to apply for the exemption. Applications for property tax exemptions are filed with appraisal districts, and deadlines may vary. Appraisal district chief appraisers are responsible for determining whether a property qualifies for an exemption.
Exemptions are usually located in a state’s tax code (statutes) and exemption requirements are often extensive. Property owners should read these statutes carefully.

Common exemptions are for properties that qualify as a residence homestead or are eligible for charitable, religious, or agricultural exemptions, as provided by the state’s tax laws. Disabled persons, senior citizens (age 65 or older), veterans, and surviving spouses of veterans who were killed in action (KIA) are also eligible for exemptions in some states.

In Georgia, property tax is primarily administered at the local level by counties, and there is no state property tax. The revenue from property taxes is used to fund essential services such as schools, roads, public safety, and other local government services. Georgia law provides for a range of property tax exemptions, including standard homestead exemptions for primary residences, as well as exemptions for seniors, disabled persons, and veterans. These exemptions can be either partial, reducing the taxable value of the property by a certain amount or percentage, or total, completely removing the property from the tax rolls. To receive an exemption, property owners must apply through their local county appraisal district, and deadlines for applications can vary. The specific requirements for property tax exemptions are detailed in Georgia's tax code, and property owners are encouraged to review these statutes to understand the qualifications and procedures for exemptions. It's important for property owners to be aware of the available exemptions and to apply for them within the required time frames to benefit from potential tax savings.