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  • Attorney Suzette Reyes

Homestead Exemption

Updated: Jun 16

What is the Florida Homestead Exemption? Florida law allows Florida homeowners to claim up to $50,000.00 in homestead exemption on their primary residence.


If you already have the Florida homestead exemption on your primary residence, sell your home and purchase a new home, you may be able to port your homestead exemption to the new property. This is called the Homestead Assessment Difference (Portability).


Applying for homestead exemption is easy and the application is now online!


Remember, there are instances that you can lose your homestead or even be penalized if you transfer title incorrectly, so make sure you speak with an attorney if you have any questions or concerns.

*Disclaimer: Villa Title & Closing Services, LLC is not a law firm and is not providing legal or tax advice in this post.  For Tax and/or Legal advice, please consult with a licensed Attorney.

The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. Contacting us does not create an attorney-client relationship.


Feel free to contact us at Info@VillaTitle.com or 786.505.9585

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Suzette M. Reyes, Attorney at Law 

Licensed by the Florida Department of Financial Services (# W473597). 

Villa Title® is an agent of Old Republic National Title Insurance Company.

 

Main Office: 

8485 SW 40 Street Suite 301, Miami, FL 33155 

Phone:                               Fax:

786-505-9585                 786-505-2650

Email:

Info@VillaTitle.com

© 2018 - 2020 All Rights Reserved by Villa Title® & Closing Services, LLC.

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