Homestead Exemptions Are NOT Transferable But You Can Move Your Savings With Portability AND A New

Homestead Exemptions Are NOT Transferable But You Can Move Your Savings With Portability AND A New

Homestead Exemption does not transfer from property to property. If you had this exemption last year on another property and moved, you must file a new application for your new residence. Notify the Property Appraiser to cancel the exemptions on your former home. The sellers' exemptions will not carry over beyond the year of the sale: you MUST apply for your own exemptions.

Florida's Portability law allows property owners to transfer their “Save Our Homes” benefit earned on a previous Homestead property to their new Homestead property.  If you are applying for a new Homestead Exemption AND you held a Homestead Exemption on a previous property within the last 2 tax-years anywhere in Florida, you should also submit a Portability application with your Homestead application. Note:  a Portability application transfers any tax savings you have earned, but it does NOT transfer your Homestead Exemption from one property to another.  You MUST first apply for a Homestead Exemption in order to be eligible for Portability. Click here to begin the online Homestead application process and you will automatically be prompted to print and complete a Portability application if your application information indicates you held an eligible Homestead Exemption on a previous Florida property.


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Phone: 603-264-6920
Dated: January 9th 2018
Views: 45
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