By Ben Schott
The homestead application filing deadline of March 1 is approaching quickly. Below is a snapshot of eligibility and documentation requirements for real property owned in Lee County, Florida.
What is the Homestead Exemption?
The homestead exemption is a constitutional benefit of up to a $50,000 exemption deducted from the assessed value of the property.
Who Is Eligible to File for an Exemption?
Individuals whose names appear on the deed, who reside on the property as of January 1, and who are bona fide Florida residents as of January 1 are eligible to file. To be eligible for the exemption this tax year, an owner must file an Application for Homestead and related documents with the County Property Appraiser no later than March 1, 2015. Only new applicants or those who had a change of residence are required to apply. For individuals who have previously filed for and been approved for the homestead exemption, notices of automatic renewals should be received from the Lee County Property Appraiser in January of each year.
Lee County’s Application Requirements
In Lee County, owners may apply for the homestead exemption by mail, in person, or online. To complete the application by mail or in person, go to: https://leepa.org/Exemption/hxinfo.aspx. To complete …read more
Source:: Legal Scoop