State law allows Florida homeowners to claim up to a $50,000 Homestead Exemption on their primary residence. The year after a Homestead Exemption is granted, its assessed value cannot increase more than 3% per year, or the increase in the Consumer Price Index, whichever is lower.
How do I qualify?
As of January 1st, you must:
* be a US citizen or have a Permanent Resident Card (copy required)
* be a legal resident of Seminole County with your Florida Drivers license updated to reflect new address
* have recorded legal or beneficial title to the property
* maintain the property as your permanent home or the permanent home of a person who is legally or naturally dependent on you