Florida Homestead exemptions

By
Real Estate Agent with National Realty of Brevard

Homestead exemptions

In Florida, $25,000 of the assessed value of your home is exempt from real estate taxes, but you have to meet certain criteria to be eligible for the exemption. First you much have the title or record to your property as of January 1, and reside on the property. You have to be a legal and permanent resident of Florida as of January 1. When applying for the exemption status, bring along a copy of your deed or tax bill, and a Florida county voters registration or Declaration of Domicile. If you drive, you must also bring your Florida driver's license and automobile registration. New applications must be submitted in person at the appraiser's office, but renewals may be done by mail. For further information, consult the County Property Appraiser's Office.

Real Estate Taxes

All residents are subject to county taxes, but each city or special district levies taxes within its boundaries. City, special-district, and county taxes are combined in one tax bill. Real estate taxes are assessed as of January 1 each year. They are due and payable on November 1 and become delinquent if not paid before April 1 of the following year. Florida law holds the taxpayer responsible for receiving and paying tax bills in full. For additional information contact the County Property Appraiser's Office.

Establishing Residency

To establish residency, you may register to vote or file a Declaration of Domicile, which is an affidavit available at the CountyCourthouse. Filing one copy with the Circuit Court provides a record of your intention to make Florida your home. Simply moving to the State does not guarantee legal residency. For more information contact the County's Clerk of Circuit Court.

What is Homestead Exemption?
Florida Law entitles every person, who has legal or equitable title to real estate and maintains it as his/her permanent residence, to apply for a $25,000 homestead property tax exemption. A partial exemption may apply if the ownership of the applicant is less than 100%.

Am I eligible to file? 
You must meet the following requirements as of January 1st:

Have legal or beneficial title to the property, recorded in the Official Records of County
Residency on the property 
Be a permanent resident of the State of Florida 
Be a United States citizen or possess a Permanent Residence Card (green card)

When do I file? 
The deadline to file an application for exemption is March 1st. Under Florida law, failure to file for any exemption by March 1st constitutes a waiver of the exemption privilege for the year. 
Regular filing is January 2nd - March 1st.
Pre-filing for the coming year is March 2nd - December 31st.

How do I file? 
Take copies of the required documentation to your Exemption Department:Generally at the County or City Court House

Comments (2)

Sean Allen
International Financing Solutions - Fort Myers, FL
International Financing Solutions

Hey Susan,

Great post and I belive it is the first one which I've read concerning Florida Homestead...I'm sure others have been written, but it is the first I've seen. Very Informative.

Sean Allen

Nov 29, 2007 05:50 AM
Sean Allen
International Financing Solutions - Fort Myers, FL
International Financing Solutions

Correction.... I've seen two of these post and they are both live right now .... Kind of odd.

Sean Allen

Nov 29, 2007 05:54 AM