FL S1616

Creates section 193.0237, Florida Statutes, prohibiting separate ad valorem taxes or non-ad valorem assessments against land in multiple parcel buildings; requires land value to be allocated among all parcels in the building.

Mandates property appraisers allocate land value either according to a recorded instrument's specified method or proportionally based on the assessed value of improvements in each parcel.

Requires each parcel in a multiple parcel building to be assigned a separate tax folio number, with condominium or cooperative units receiving individual folio numbers instead.

Allows condominiums, timeshares, or cooperatives to be created within parcels, with land value further allocated to individual units according to existing statutes.

Provides that recorded instrument provisions affecting parcels sold for taxes survive and remain enforceable after tax deed issuance, with applicability beginning in the 2018 assessment year for substantially completed buildings.

Amends section 197.572 to include easements for support of improvements in the list of easements that survive tax sales and deeds.

Amends section 197.573 to clarify restrictions and covenants from recorded instruments (not just deeds) survive tax sales, and permits liens for assessments accruing after tax sales by homeowners' and property owners' associations.