State Laws Homestead True/False

Question 1

Every person who owns & resides on real property, in Florida on January 1 & makes the property his or her permanent residence is eligible to receive a homestead exemption up to $50,000.

Answer 1

True

Question 2

In order to receive a homestead exemption, the owner must file an application no later than March 31st.

Answer 2

False:
March 1st