Exemptions Flashcards
(6 cards)
1
Q
What are the two kinds of (full) exemptions from property tax?
A
Immune, Exempt
2
Q
What kind of property is immune from property tax?
A
government property
3
Q
What kind of property is exempt from property tax?
A
property owned by religious and charitable nonprofit organizations
4
Q
Florida residents who hold title to a home in Florida and use the home as their permanent residence may ____ the property
A
homestead
5
Q
Homesteaded properties are ____ exempt
A
partially
6
Q
In order to be eligible for the homestead tax exemption, what are the two requirements?
A
- you reside in home
- you have legal title by January 1
