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The Homestead Exemption – Everything you need!

January 27, 2014

WHAT IS A HOMESTEAD EXEMPTION?

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Homestead Exemption is a tax reduction allowable to homeowners who make their property their primary residence. If approved, this exemption could reduce the taxable value of your residence by up to $50,000. The first $25,000 of this exemption applies to all taxing authorities. The second $25,000 of exemption excludes School Board taxes and applies to properties with assessed values between $50,000 and $75,000. As a result, the homeowner would enjoy a substantial savings on the taxes levied on their property by the various taxing authorities.

Homeowners must file an initial application once they have moved into the property. The Homestead Exemption will be automatically renewed each year and a renewal receipt will be mailed to them as long as NO changes have occurred to their exemption status. (i.e. mailing address, marital status, etc.)

It is, however, the responsibility of the owner to notify the Property Appraiser of any change in their exemption status. Florida law requires the filing of a new application when any title change is made.

HOW TO QUALIFY

As of January 1st, you must:

  • be a legal resident of the county in which you are applying
  • have recorded legal or beneficial title to the property on which you are applying
  • be making the property your permanent legal residence

WHEN TO FILE

  • January 1st through March 1st – Regular Filing time (For the current tax year)

HOW TO FILE

  • File in person
  • File by mail, or
  • ***Online (my favorite)

New homeowners can expect to receive an original application with instructions on how to file. You can also call to have an application mailed to you. If you prefer, you can bring the required information to property appraisers office and they  will be glad to assist you in filing. In any case, the application must be completed and submitted along with the proper proof of residency information.

You may also download a blank application from the Download button on our main page. Please provide your name, address and Property ID number at the top where requested. Property ID can be obtained from the Record Search .

WHAT YOU NEED TO FILE

Proof of residency information:

  1. If you drive you must provide a copy of your Florida Driver’s License that reflects the address of the property for which you are seeking the exemption. A copy of your spouse’s Florida Driver’s License is required even if they are not on title. (If more than one person is applying for exemption, the Florida Driver’s license reflecting the property address must be provided for each applicant)
  2. If you do not drive you must provide the following:
    • Copy of Florida Identification card reflecting the property address
    • Affidavit of non-driver , and
  3. County’s Voter Registration ID – This can be located on your county election site if you do not have your card
  4. If you are not a U.S. citizen, you must provide a copy of your resident alien (green) card.
  5. You must provide social security numbers for all applicants, their spouse or any occupant who may be entitled to the exemption.

WHERE TO FILE:

Seminole – Main Office: Hours: 8:00 a.m. – 5:00 p.m., Seminole County Services Bldg., 1101 East First Street, Sanford Florida, or, file online by clicking here.

Orange – Main Offic: Hours: 8:00 a.m. to 5:00 p.m. Monday – Friday, (Located in the SunTrust Tower, 17th Floor) 200 S. Orange Avenue Suite 1700, Orlando FL 32801, or, file online by clicking here.

Remember the deadline to file is March 1st!

If you have any questions please contact your local property appraiser or refer your questions to http://www.thecoregroupfl.com/contact.php.
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