Homestead Exemption in florida

Guest 0.10 Dollars($)

I bought a home in 2005 in a living revocable trust and received Homestead Exemption after applying for it. Moved in with my fiancee in June last year in the same town and just received a letter in the mail from the County Clerk stating that my homestead exemption is in jeopardy. Am I no longer able to participate in the homestead exemption program?

Thanking you,
Rina

jameshogg

Hi Rina,

Welcome to forums.

The fact remains that upon any transfer of ownership, the homestead exemption laws requires you to re-apply for it. So, may be you have done any changes to the title to the property which is why the exemption is in jeopardy. So you will have to talk to the authorities and then apply again.

Thanks

larry · Joined: 27 Jun 2007 Posts: 3066 430.60 Dollars($)

Hi Rina,

Welcome to forum.

James has given you sound suggestion. You should inquire to the proper authority and fix the problem. The property is owner qualified and you are staying here for about a year. I think should not have much problem to get qualified for homestead exemption.

Best of luck,
Larry

Guest 0.10 Dollars($)

My wife and I are divorcing and have agreed that I will buy her equity interest in our homesteaded marital residence. We live in Florida. She wants her money before we go to court (have submitted non-contested papers and are acting pro se). Can she quitclaim her interest to me while we are still married?

Jessica · Posted: Wed Jun 11, 2008 5:50 am Post subject: RE: quitclaim prior to divorce

Hi charles,

I don't find any problem in buying her out prior to the divorce if she agrees to the proposal. On doing so, she won't be the legal owner/co-owner any more. But until the divorce is over, you may have to allow her to stay in the property. if it's ok with the both of you, then you can very well quitclaim while you're still married.

Regards,

Jessica.

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