Florida Administrative Code
12 - DEPARTMENT OF REVENUE
12D - Property Tax Oversight Program
Chapter 12D-7 - EXEMPTIONS
Section 12D-7.020 - Exemption for Real Property Dedicated in Perpetuity for Conservation
Current through Reg. 50, No. 187; September 24, 2024
(1) To apply for the exemption in section 196.26, F.S., a property owner must submit an original application to the property appraiser by March 1, as outlined in section 196.011, F.S.
(2) The Department prescribes Form DR-418C, Real Property Dedicated in Perpetuity for Conservation, Exemption Application, incorporated by reference in rule 12D-16.002, F.A.C. Property owners must use this form to apply for the exemption in section 196.26, F.S.
(3) If the land is no longer eligible for this exemption, the owner must promptly notify the property appraiser. If the owner fails to notify the property appraiser and it is determined the land was not eligible for this exemption for any time within the last 10 years, the owner is subject to taxes exempted plus 18% interest each year and a penalty of 100% of the taxes exempted. Any property of the owner will be subject to a lien for the unpaid taxes and penalties. (section 196.011, F.S.).
Rulemaking Authority 195.027(1), 213.06(1) FS. Law Implemented 196.011, 196.26 FS.
New 11-1-12, Amended 9-19-17.
