Question: Will inheritor of Florida property with low property tax (homesteading) pay a new, higher tax?
Answer: Thanks for the question.
The answer is yes-new owner will pay new property tax rate based on current market value at time of transfer.
Joseph F. Pippen, Jr., Attorney at Law
Law Office of Joseph F. Pippen, Jr. & Associates
Largo, Florida 33771
Homesteaded Florida Property with Low Property Tax Pay a New? was last modified: November 22nd, 2022 by