Homestead Exemption

What is Homestead Exemption?

Put simply, homestead exemption itself entitles most homeowners to a deduction of $25,000 off of their property’s assessed value, which can result in several hundred dollars in tax savings.

Once you establish your right to a basic homestead exemption on your property, you may also qualify for additional homestead exemptions if you are over 65 years old or have a disability.  But perhaps most importantly, receipt of a homestead exemption means that, pursuant to the Save Our Homes Amendment to the Florida Constitution, the assessed value of your homestead property cannot increase more than 3% per year or the percent change in the Consumer Price Index.

How to Apply

File for your Homestead Exemption in the county where your home was purchased. Investment and Second Home Purchases are not eligible for Homestead Exemption, only Primary Residences.  The filing deadline is March 1st of the tax year for which the exemption is sought.

One document typically needed when filing for exemption is a copy of your Closing Disclosure that you received at your closing. If you need a copy of your closing statement, please contact CrossCountry Mortgage and we’d be happy to assist you.  There is some additional documentation required; however, each county requires different items, so please follow the link for the county where you purchased to find detailed instructions on what to bring.

If you purchase your home in Orange County, please follow the link below:

http://www.ocpafl.org/exemptions/hx_file.aspx

200 S. Orange Avenue, Suite 1700, Orlando, FL 32801

407-836-5044

If you purchased your home in Seminole County, please follow the link below:

http://www.scpafl.org/

1101 E. First Street, Sanford, FL 32771

407-665-7506

If you purchased your home in Lake County, please follow the link below:

http://www.lakecopropappr.com/homestead-exemption.aspx

320 West Main Street, Tavares, FL 32778

352-253-2154

If you purchased your home in Polk County, please follow the link below:

http://www.polkpa.org/AssessmentInfo/exemption.pdf

255 North Wilson Road, Bartow, FL 33830

863-534-4777

If you purchased your home Volusia County, please follow the link below:

http://webserver.vcgov.org/exmpt.htm

123 West Indiana Boulevard, Deland, FL 32720

386-736-5936

If you purchased your home in Marion County, please follow the link below:

http://www.pa.marion.fl.us/DR5012s.HTML

501 SE 25th Avenue, Ocala, FL 34471

352-368-8300