Broward Property Appraiser Marty Kiar gives you the simple answer and explanation. It automatically renews each year unless there is a change of ownership or eligible use of your homesteaded property. Each January, his office mails a Homestead Renewal Notice and “Change Card” to all Homesteaded properties. Florida law requires the property owner to notify the Property Appraiser of any change which may affect homestead eligibility. This “Change Card” provides an easy way to communicate these important changes to our office.
The newsletter also answers the question: where did my portability savings go? A portability deduction is only posted to your property record page in the first year you receive your new Homestead Exemption. When our website is updated to display subsequent year property values, your portability deduction is no longer shown independently because it is already factored into your new Assessed/Save Our Homes value.
