HomeMy WebLinkAboutProperty Combo Tax 2Michelle Franklin, CFA
Property Appraiser
IMPORTANT NOTICE
A parcel split/combination by the Property Appraiser is for taxation purposes only and does not imply legality of new
land description created by owner's request, the legality for such parcel to be conveyed via land title, nor the suitability for
such parcel to be developed. Contact the appropriate land development, zoning, and/or planning department of your
jurisdiction for questions concerning property development. Pursuant to Florida Statute 197.192 the Property
Appraiser's office shall not split or combine parcels until all taxes due or delinquent have been paid to the
Tax Collector.
❑HOMESTEAD PROPERTY: The land split of a homestead property will result in the removal of the Save Our
Homes 3% assessment cap limitation from the newly created (split -out) parcel. The new (split -out) parcel will be
assessed at market value, generally resulting in an increase in taxable value. If at a future date the property owner
desires to re -combine the property, the new (split -out) parcel will be combined back with the homestead parcel at
its current market value. The Save Our Homes cap will not be restored to its former level. When combining
any parcel with a homestead parcel, the full market value of the non -homestead parcel will be added to the assessed
value of the homestead parcel for the current tax roll. In subsequent tax years, the Save Our Homes assessment
cap shall protect that value.
FNON-HOMESTEAD PROPERTY: The land split or combination of non -homestead property will result in the
X removal of the 10% assessment cap limitation and the assessment of the parcel(s) at full market value. Per Florida
Statute 193.1554(7) and 193.1555(7)
Parcel Contiguous to Homestead Property. Vacant property contiguous/adjacent to homestead property is
eligible to receive the Save Our Homes assessment cap limitation, provided that the contiguous parcel is used in
conjunction with homestead property. The contiguous parcel will retain its unique parcel identification number and
legal description. Per Florida Statute 196.031 (1)(a)
By signing below, whether by the owner or the owner's representative, acknowledges they have read, understand,
aforementioned.
Owner / �1
Signature: 160. - [�� Date:�� — 3
Print Name: Scott D. Budnik Phone: 954-471-0325
Representative:
TO BE COMPLETED BY REAL ESTATE DEPT 772.460.3315
This split/combination will be effective for the 20_ tax year.
Deputy Signature: Date:
Deputy Print Name:
phone: 772-462-1000 1 „„i„i«: www.paslc.org
2300 Virginia Avenue, Room 107, Fort Pierce, FL 34982