The dr 501ts 2026

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The document outlines the process for joint owners of an abandoned homestead in Florida to designate ownership shares of the homestead assessment difference. It specifies that this designation must be filed with the county property appraiser before applying for a new homestead exemption, allowing designated shares to transfer to new properties. The form requires signatures from both spouses and emphasizes that the designation is irrevocable.

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Click ‘Get Form’ to open the DR-501TS in the editor.
Begin by selecting your county from the dropdown menu. This ensures that your form is directed to the correct property appraiser.
Enter the address of the abandoned homestead and its Parcel ID. This information is crucial for identifying the property in question.
Fill in the names of both spouses as they appear on the joint title. Ensure accuracy, as this will be used for verification purposes.
Designate ownership percentages for each spouse. Remember, these must total 100 percent to comply with regulations.
Review the declaration statement regarding your understanding of irrevocability and penalties of perjury. Both spouses must acknowledge this by signing in the designated areas.

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