Dr 501T Form PDF Details

When Floridians move to a new home, they are often concerned about potential increases in their property taxes. The Transfer of Homestead Assessment Difference, known as the DR-501T form, plays a crucial role in this transition. Designed to aid those who have applied for a new homestead exemption, the DR-501T form allows for the transfer of any accumulated homestead assessment difference from their previous residence, ensuring that homeowners can enjoy some continuity in their property tax obligations. This form, effective since December 2008 as per the Florida Administrative Code (RULE 12DER08-33) and under the guidance of Section 193.155 of the Florida Statutes, must be submitted to the property appraiser by March 1st. It includes detailed steps for applicants, from providing information about the new homestead, including the applicant's name, contact details, and the address of the new property, to detailing pertinent information about the previous homestead, such as its sale date or the date it was ceased to be used as a homestead. Co-applicants who are moving from a different homestead must fill out separate forms. Additionally, the form carries a section for the signatures of the applicant and any co-applicants, validating their claim under penalties of perjury. This form, alongside the original application for ad valorem tax exemption (Form DR-501), is then forwarded to the property appraiser’s office of the county where the previous homestead was located, marking a critical step in ensuring that the financial benefits of the homestead exemption are continued at the new property.

QuestionAnswer
Form NameDr 501T Form
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namesPORTABILITY_dr5 01t dr 501 tax exemption seminole county form

Form Preview Example

TRANSFER OF HOMESTEAD ASSESSMENT DIFFERENCE

DR-501T

R. 12/08

 

Attachment to Original Application for Ad Valorem Tax Exemption

Section 193.155, Florida Statutes

RULE 12DER08-33

Florida Administrative Code

EFFECTIVE 12/08

If you have applied for a new homestead exemption and are entitled to transfer a homestead assessment difference from a previous homestead, file this form with your property appraiser by March 1. Co-applicants transferring from a different homestead must fill out a separate form.

NEW HOMESTEAD APPLICANT — COMPLETE STEPS 1-5

STEP 1

 

 

NEW HOMESTEAD

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Applicant name

 

 

 

Home phone (include area code)

 

 

Work phone (include area code)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

New address

 

 

 

Parcel ID number

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

City, State, ZIP

 

 

 

County

 

 

 

 

 

 

Total number of

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

owner applicants

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

STEP 2

 

 

PREVIOUS HOMESTEAD

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

County

 

 

Parcel ID number

 

 

 

 

Date sold or no longer used as your

 

 

 

 

 

 

 

 

homestead

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Address

 

 

 

 

City, State, ZIP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Co-applicants who owned and lived at the previous

 

 

Other owners of the previous homestead not applying for

 

homestead.

 

 

 

transfer to this new homestead

 

 

 

 

 

 

3*

1.___________________________________________

 

4*

1.____________________________________________

 

 

 

 

 

STEP

2.___________________________________________

 

STEP

2.____________________________________________

 

 

 

 

 

 

3.___________________________________________

 

 

 

Did any of these owners remain

 

 

 

 

 

 

 

 

 

in the previous homestead?

Yes

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

STEP 5*

THE APPLICANT AND ALL CO-APPLICANTS (STEP 3) MUST SIGN BELOW.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

I affirm that I qualify for the homestead exemption assessment transfer from the above previous homestead. Under penalties of perjury, I declare that I have read the foregoing application and the facts in it are true.

Signature of Applicant

Date

 

 

Signature of Co-applicant 1

Date

 

 

Signature of Co-applicant 2

Date

 

 

COMPLETED BY PROPERTY APPRAISER OF APPLICANT’S NEW COUNTY

Signature of Property Appraiser or Deputy

Date

If previous homestead was in a different county, add your contact information. Send this form with a copy of the Original Application for Ad Valorem Tax Exemption (Form DR-501) to the Property Appraiser's office in the county of the previous homestead.

Contact name

Mailing address

Fax

 

E-mail address

City, State, ZIP

INSTRUCTIONS TO PROPERTY APPRAISER OF PREVIOUS HOMESTEAD

Based on your county’s records, complete and return Form DR-501RVSH, CERTIFICATE OF TRANSFER OF HOMESTEAD ASSESSMENT DIFFERENCE to the contact above by April

1or within 2 weeks after receiving Form DR-501T, Transfer of Homestead Assessment Difference, whichever is later.

*Use additional pages, if needed.