How do I Take Advantage of the 10% Assessment Increase Limitation on Non-Homestead Property?
You don’t need to do anything to receive this assessment increase limitation. The property appraiser will assess your property every year as of January 1 and apply the 10% assessment increase limitation to eligible non-homestead property that did not change ownership or control in the previous calendar year. If a non-homestead property changes ownership or control and a deed is not recorded with county clerk of court, the new owner is required to file a Form DR-430 Change of Ownership or Control with the property appraiser in the county where the property is located within 60 days of the change of ownership or control. When a non-homestead property changes ownership or control, the current 10% assessment increase limitation is removed from the property, the property is assessed at just value, and a new 10% assessment increase limitation is put in place as of the January 1 in the year following the change of ownership or control. ^Top How Do I Pay My Property Taxes? The State of Florida
