Disclosure of Estimated Ad Valorem Taxes
What changed between versions
Listing platforms must now calculate and display estimated ad valorem taxes using either current millage rates with listing price data or countywide aggregate average millage rates, rather than using the current owner's actual tax assessment.
If a listing platform does not use a tax estimator or buyer payment calculator, it must include a link to the property appraiser's tax estimator or home page for the county where the property is located.
Current owner's ad valorem taxes may only be displayed as historical tax information and cannot be used to calculate or display estimated taxes for prospective purchasers.
New definitions for 'listing platform' and 'property' clarify that listing platforms include websites, web applications, and mobile applications, and property refers to residential real property in Florida.
Added liability protection stating that no cause of action shall arise against listing platforms for the accuracy of estimated ad valorem taxes displayed on their platforms.