Tax Abatement Checklist

The unpublished Tax Abatement Checklist (Form 6432) for the analysis of ad valorem property tax relief programs, including real estate tax abatements, exemptions, deferrals, or PILOTs (“Tax Abatement”) is now available on the LIF Portal.  Detailed directions for use appear at the top of the Checklist.

You may use the Tax Abatement Checklist immediately, but you must use it for all Mortgage Loans that first go from Quoted to Under Application on or after May 26, 2026 and that involve a Tax Abatement, whether or not a reduced real estate tax payment is used to calculate the net cash flow and whether or not the Tax Abatement will be effective on or prior to closing of the Mortgage Loan.