Orlando Real Estate » Orlando Relocation Guide » Florida Homestead Exemption
Florida Homestead Tax 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%. Filing need be done only once so long as you continue to live on the property.
To be eligible, you must meet the following requirements as of January 1st:
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Have legal or beneficial title to the property, recorded in the Official Records of Orange County
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Reside on the property
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Be a permanent resident of the State of Florida
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Be a United States citizen or possess a Permanent Residence Card (green card).
When to 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.
Note: 2008 filing period extended to March 3rd, in accordance with section 192.047(2), Florida Statues.
Contact the Tax Collectors Office for the county in which you reside. |