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[T]he statute stops “a person who is receiving or declaring the benefit of an ad valorem tax exemption or simply a tax credit score in One more state exactly where everlasting residency is required being a basis for your granting of that advert valorem tax exemption” from also professing a Florida homestead exemption. § 196.031(five).
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equally, in Orange Brevard Plumbing & Heating Co. v. La Croix, 137 So. 2d 201, 204 (Fla. 1962), the court docket said that the objective of the homestead law “is to benefit the debtor by securing her or his homestead past all legal responsibility from compelled sale under means of any court.” this sort of instances reflect that Slide Cash Loophole Bonus courts implement the homestead exemption rules liberally so that households may have shelter and will not be diminished to absolute destitution.
since citrus trees did not offer the same returns as new condos, lots of farmers had been compelled to either provide their home or risk getting priced out. The greenbelt regulation supplied an answer by dropping costs for agricultural land.
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"Element of the problem, he said, was that in Florida, developers and farmers are frequently just one in the same. Dairy owners and orange growers normally cash out their operations by turning fields into condos.