An exemption shall be granted annually:
1. On any parcel owned by one or more persons 65 years of age or over who occupies said parcel as a principal residence.
2. For the owner of multiple parcels which are contiguous and one economic unit, meaning they have the same primary purpose as the principal parcel.
For information regarding the annual Secured Property Tax bills, please check with the County of Santa Clara Tax Office website at: www.sccassessor.org