Florida S0110 amends homestead exemption criteria for ad valorem taxes.
Florida S0110 revises the circumstances under which individuals may be deemed to have legal or beneficial and equitable title to property for homestead exemption purposes. It includes vendees under bona fide purchase contracts, lessees with long-term leases, and tenant-stockholders in cooperative apartment corporations. The amendment clarifies the conditions for homestead exemptions from ad valorem taxes.
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