Transfer Of TitleTaxesMEDIUM
Portability in Florida allows homeowners to:
Correct Answer
B) Transfer the Save Our Homes benefit to a new home
Portability allows transferring up to $500,000 of accumulated SOH savings to a new Florida homestead.
Answer Options
A
Take their homestead exemption to a new homeB
Transfer the Save Our Homes benefit to a new homeC
Avoid property taxes entirelyD
Rent out their homesteadVideo Explanation2 min
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Related Topics & Key Terms
Related Topics:
homestead-exemptionsave-our-homesproperty-tax-assessmentflorida-property-tax-lawsconstitutional-amendments
Key Terms:
Save Our Homes portabilitySOH differentialFlorida homestead exemptionAmendment 1 2008Florida Statutes § 193.155(8)
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