12D-7.010, F.A.C.

12D-7.010. Homestead Exemptions - Remainders

Last amended: 1976Year: 2026Length: 95 wordsOfficial source

Cite as Fla. Admin. Code r. 12D-7.010

(1) A future estate, whether vested or contingent, will not support a claim for homestead exemption during the continuance of a prior estate. (Aetna Insurance Co. v. La Gassee, 223 So.2d 727 (Fla. 1969)). (2) If the remainderman is in possession of the property during a prior estate, he must be claiming such right to possession under the prior estate and not by virtue of his own title; it must be presumed that the right granted under the life estate is something less than real property and incapable of supporting a claim for homestead exemption.
12D-7.010, F.A.C.: 12D-7.010. Homestead Exemptions - Remainders | Justis AI