Property Ownership
A Florida homeowner claims the Save Our Homes benefit. This constitutional amendment:
ACaps the assessed value increase at 3% or the CPI, whichever is less✓ Correct
BExempts all homestead property from county taxes
CPrevents the property from being sold for 10 years
DApplies to all properties including investment rentals
Explanation
Florida's Save Our Homes amendment (Amendment 10) caps the annual increase in assessed value for homestead properties at 3% or the Consumer Price Index (CPI), whichever is lower, protecting long-term owners from rapid tax increases.
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