Senate Bill 0728

    Florida Senate - 1998                                   SB 728

    By Senator Brown-Waite





    10-478-98

  1                      A bill to be entitled

  2         An act relating to residential real property;

  3         requiring notification of entitlement to

  4         homestead tax exemption; providing a civil

  5         penalty; providing an effective date.

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  7  Be It Enacted by the Legislature of the State of Florida:

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  9         Section 1.  (1)  The closing agent at any transfer of

10  ownership of residential real property shall notify the

11  purchaser of entitlement to a homestead exemption from ad

12  valorem taxes under chapter 196, Florida Statutes.

13         (2)  In addition to any other penalty or remedy

14  provided by law, a purchaser who is injured by a violation of

15  this section may bring a civil action against the closing

16  agent for recovery of actual damages, court costs, and

17  attorney's fees.

18         Section 2.  This act shall take effect October 1, 1998.

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21                          SENATE SUMMARY

22    Requires the closing agent in a transfer of ownership of
      residential real property to notify the purchaser of
23    entitlement to homestead tax exemption. Provides a civil
      penalty.
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