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Reset Print DR501PGP R. 11/12 ORIGINAL APPLICATION FOR ASSESSMENT REDUCTION FOR Rule 12D16.002 LIVING QUARTERS OF PARENTS OR GRANDPARENTS Florida Administrative Code Effective 11/12 Section 193.703,.

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Florida's debtor protection homestead provision is one of the broadest in the United States. The value of the property that can be protected is unlimited, so long as the property occupies no more than one-half acre (2,000 sq m) within a municipality, or 160 acres (650,000 sq m) outside of a municipality.

Do I need to reapply for a homestead exemption every year? No. We will renew your homestead exemption annually as long as you continue to qualify for the exemption. After January 1 of each year, we will send you a homestead exemption receipt by mail to confirm the renewal.

Important Topics Renting your property for more than 30 days per calendar year, for 2 consecutive years. Maintain or obtain an out of state residency based tax exemption, reduction, benefit, credit, etc. ... Maintain or obtain a driver's license in any other state. ... Fail to register a vehicle in Florida if you drive it here.

Requirements The owner must have legal or beneficial title by January 1 of the year of the application. The statutory filing deadline is March 1. ... The owner must establish Hillsborough County as his/her legal domicile, reside on the subject property as of January 1 and be a US citizen or Permanent Resident.

When someone owns property and makes it his or her permanent residence or the permanent residence of his or her dependent, the property owner may be eligible to receive a homestead exemption that would decrease the property's taxable value by as much as $50,000.

Do I need to re-apply for my Homestead Exemption every year? No, you do not. The Property Appraiser mails out in January an “Automatic Residential Renewal Receipt” to every homesteaded property owner. If you do not have any changes, you can keep the receipt as proof that you are eligible for the automatic renewal.

The exemption is a $50,000 annual deduction from the property appraiser's Assessed Value in yielding the Taxable Value for the taxpayer's principal residence, which must be in Florida.

Your homestead and most other exemptions will automatically renew every year, unless you notify our office that you are no longer eligible. If you move, you must file a new homestead exemption application for your new residence.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232