Updated: Jun 16, 2020
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