Launch Pad

 View Only

The Homestead Exemption

By Kymberly Franklin posted 02-23-2024 16:24

  
The Homestead Exemption provides qualified applicants with a reduction in their home's taxable value up to $25,000.
An application for the Homestead Exemption may be submitted any time throughout the year, but must be submitted by March 1 of the year in which the benefit will be applied.
Once approved, the Homestead Exemption is automatically renewed each year as long as ownership and residence conditions remain the same for the property.
Article VII, Section 6 of the Florida Constitution provides that all property owners who, as of January 1, have legal or equitable title to real estate and maintain it as their permanent residence, are entitled to a $25,000 Homestead Exemption, or a percentage thereof if the ownership interest is less than 100%. Only one Homestead Exemption is allowed to any individual or family unit.
To receive the Homestead Exemption, applicants must qualify on or before January 1 and submit an application with the Property Appraiser on or before March 1 of the year in which the benefit will be applied.
Required Documents for all Applicants:
  • Florida driver's license, or, if you do not drive, a Florida identification card
  • Florida vehicle registration for all vehicles owned or leased by you, or registered to your business
  • Brevard County voter registration card, if you are registered to vote
  • Social Security card or other official document that includes the social security number. (Social Security documentation is required for the spouse of each applicant even if applicant’s spouse has no ownership interest in the homestead property)
  • If you are not a U.S. citizen, a permanent resident alien card ('green card')
  • If property is in trust, a copy of the trust agreement or a copy of a recorded memorandum of trust
  • If the taxpayer owns property in any other Florida County, State or US Territory, a letter from the appropriate governmental agency verifying the taxpayer does NOT receive a residency based tax benefit on that property
  • A copy of the applicant’s recorded deed or tax bill for property identification purposes
  • If the homestead is a manufactured home, registration(s) or title(s) for the manufactured home

  • Apply Online: Most applicants are able to apply for Homestead Exemption online. Please have all necessary information available for all owners before you begin the online application process.
  • Apply by Mail : Applicants can download application forms or pick them up at one of our offices, fill them out, and mail them in along with all required documentation.
  • Apply in Person: Applicants can visit any one of our four offices where a specialist will assist them in filing their Homestead Exemption application.
0 comments
6 views

Permalink