When property is coowned, all owners must apply for the homestead exemption to receive the full benefit. If both former spouses retain ownership as joint tenants with right of survivorship the resident spouse retains the portability.The spouse who holds the title of the property is responsible for applying for homestead exemption. If a Florida resident acquires property as a joint tenant with rights of survivorship while he has a minor child and lives in the primary residence, By law, a homestead exemption is not transferable. If you move, your homestead exemption does not automatically follow you to your new residence. Required Documentation for Homestead Exemption. Homestead Exemption: If the property is titled as JTWROS be sure that both of you file an application for Florida Homestead Tax Exemption. In this article, you will find out what you need to know about the association of revocable trusts and homestead exemption property in Florida. By law, a homestead exemption is not transferable.
