Florida § 197.2526 - Eligibility for tax deferral for affordable rental housing property.
Full text of Florida Florida Statutes § 197.2526 — Eligibility for tax deferral for affordable rental housing property., with citation guidance and answers to common questions.
§ 197.2526. Eligibility for tax deferral for affordable rental housing property.
The tax deferral authorized by s. 197.2524 applies only on a pro rata basis to the ad valorem taxes levied on residential units within a property which meet the following conditions: (1) Units for which the monthly rent along with taxes, insurance, and utilities does not exceed 30 percent of the median adjusted gross annual income as defined in s. 420.0004 for the households described in subsection (2). (2) Units that are occupied by extremely-low-income persons, very-low-income persons, low-income persons, or moderate-income persons as these terms are defined in s. 420.0004.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 197.2526
What does Florida Statutes § 197.2526 cover?
Section 197.2526 ("Eligibility for tax deferral for affordable rental housing property.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 197.2526?
A common citation format is "Florida Statutes § 197.2526" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 197.2526 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.