Heir property owners can now access 100% of the Residential Homestead exemption. Effective January 1, 2020, Senate Bill 1943 allows qualifying heirs to claim a Residential Homestead exemption on 100% of the property instead of just a portion of the property.
Heir property is property owned by one or more individuals, where at least one owner claims the property as a residence homestead, and the property was acquired by will, transfer on death deed, or intestacy. An heir property owner not specifically identified as the residence homestead owner on a deed or other recorded instrument in the county where the property is located must provide:
- A Residential Homestead Exemption application;
- A driver’s license or state issued personal identification certificate. The address listed on the driver’s license or state-issued personal identification certificate must correspond to the property address for which the exemption is requested.
- An affidavit establishing the applicant’s ownership of interest in the property;
- A copy of the prior property owner’s death certificate;
- A copy of the property’s most recent utility bill; and
- A citation of any court record relating to the applicant’s ownership of the property, if available.
Each heir property owner who occupies the property as a principal residence, other than the applicant, must provide an affidavit that authorizes the submission of the Residential Homestead Exemption application.