Granny Flats
Reduction In Assessment For Living Quarters Of Parents Or Grandparents
In order to qualify for the 'Granny Flat' assessment reduction, the following requirements must be met:
1. The construction or reconstruction for which the assessment reduction is granted must have been substantially completed on or before the January 1 on which the assessment reduction for that property will first be applied.
2. The property to which the assessment reduction applies must qualify for a homestead exemption at the time the construction or reconstruction is substantially complete and each year thereafter.
3. The qualified parent or grandparent must permanently reside on the property on January 1 of the year the assessment reduction first applies and each year thereafter.
4. The construction or reconstruction must have been substantially completed after January 7, 2003, the effective date of Section 193.703, F.S.
5. The construction or reconstruction must be consistent with local land development regulations, including, where applicable, proper application for a building permit.
6. Apply for the assessment reduction by March 1.
7. At least one qualifying parent or grandparent must be at least 62 years of age as of January 1.
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