One of the many things that can determine the value of your Broward County property is what is known as the "Exemption Number". This number is assigned to each individual piece of property and is used to help with determining the value. The "Exemption Number" will vary for different types of properties. The "Exemption Number" for many homes in Broward County is seven.

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There are some exemptions that are listed on the tax bills that you receive in Broward County. If you do not have these listed on your current bill, you should look into getting them. A great way to get the information that you need on these exemptions is to visit your county's tax collector's website. Here you will be able to view a list of exemption numbers. You may also find out how to have the exemption number changed if you should move to another residence in Broward County.

 

If you find that you are missing one of the exemptions on your current tax bill, you should make sure that you get that issue corrected before you apply for a new tax deed. One way that you can correct this problem is by having a professional property appraiser look at your house. An appraiser will be able to look at your home and see what the value should be for the area that you live in. This is an important part of the selling process for many homeowners.

What You Need to Know About Buying or Selling Property in Broward County

 

An important exemption that can be found listed on many property appraisals is the homestead exemption. This is a special exemption that allows a person to live in a house for a specific period of time. The homestead exemption is usually a property owner who has lived in a house for more than five years.

 

The amount of time that a homestead exemption lasts can differ from year to year. In some cases an exemption will last for ten years and in other cases it will only last five. The exact period of time that a person has to use the exemption on a house can vary based on when it was filed and on the property assessment that was done in the prior year. If your tax deed states that you have a homesteaded property for ten years and you use that exemption on your previous year's assessment, then you cannot change it after you get the certificate of reassessment.

 

One of the biggest issues that homeowners run into is having their taxes reassessed even though they don't own a single square foot of property that is actually homesteaded. Some counties are notorious for not allowing the full homestead exemption which means that the property owner must pay for the full amount of the exemption. Many counties across the United States limit the amount of exemptions that property owners can have in order to ensure that people pay their fair share.

 

The deadline for the Florida homestead exemption to be applied for and processed is January 1st. On that date the county will issue a new application with all of the applicable fees. If you want to apply for a new homestead exemption then you need to file a new tax deed with the county for as long as you own the property. The best way to do that is to use the self-applying procedure. You can simply visit the Broward County Clerk of Court website and download the needed forms and print them off.

 

The final piece of information that you need to know about when it comes to selling or purchasing a home in Broward County is that you are going to need to provide proof of a disability exemption. The deadline for proof of this is usually a January 1st deadline. If you are looking to sell or purchase a home in Broward County, you should consider proof of a disability or bona fide Florida resident status before you submit your application. A couple of the acceptable forms of proof of residence are a Veterans Affairs Department approved disability certificate and a Florida resident card from the Florida Division of State Licensing and Insurance.

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