ESSENTIAL FLORIDA REAL ESTATE LINKS
Property Fraud Alert - Sign Up for Free Alerts
www.PropertyFraudAlert.com
1-800-728-3858
Property fraud is when someone illegally uses your property for financial gain and is accomplished when someone records a fraudulent document in the Comptroller's office, making it look like they own your home or property. According to the FBI, Property and Mortgage fraud is the fastest growing white-collar crime. As of May 6, 2024, a new law exempts information provided to property recording notification services like Property Fraud Alert from Florida public records law. When you register, your privacy is protected by law.
Portability - Transfer Your Save Our Homes (SOH) Benefit
Portability refers to the Florida constitutional provision that allows a homeowner to transfer some or all of their "Save Our Homes" (SOH) benefit—the accumulated difference between a property's market value and its lower, capped assessed value—from a former Florida homestead to a newly established one anywhere else in the state. This benefit is designed to prevent a large property tax increase when moving to a new primary residence, allowing homeowners to "port" a portion of their tax savings, up to a maximum of $500,000. The transfer is managed by the County Property Appraiser in the county of the new homestead. To qualify, the new homestead must be established by January 1st of the third year after the previous homestead was abandoned. The application for portability must typically be filed with the new homestead exemption application by the March 1st deadline.
Florida County Property Appraiser Portability Links (Alphabetical Order)