Florida Administrative Code (Last Updated: April 18, 2024) |
12. Department of Revenue |
12D. Property Tax Oversight Program |
12D-7. Exemptions |
Effective on Tuesday, October 12, 1976
1(1) A future estate, whether vested or contingent, will not support a claim for homestead exemption during the continuance of a prior estate. (Aetna Insurance Co. v. La Gassee, 223 So.2d 727 (Fla. 1969)).
35(2) If the remainderman is in possession of the property during a prior estate, he must be claiming such right to possession under the prior estate and not by virtue of his own title; it must be presumed that the right granted under the life estate is something less than real property and incapable of supporting a claim for homestead exemption.
96Rulemaking Authority 98195.027(1), 99213.06(1) FS. 101Law Implemented 103196.001, 104196.031, 105196.041 FS. 107History–New 10-12-76, Formerly 12D-7.10.