No - STAR exemptions are personal to the homeowner and do not transfer with the property. The buyer must apply separately and may not qualify (Enhanced STAR requires age 65+ with income limits). This means the buyer's school tax bill will be higher than yours by the STAR amount - typically $800 - $1,500+ annually. Communicate this to buyers early so they budget accurately and are not surprised after closing.
From the seller playbook: Property Tax Proration and Assessment Risk in NYS Closings
This is general information, not legal, tax or accounting advice. Every situation is different. Talk to a licensed attorney, accountant or tax professional before you act.
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