A Standard Sovereignty Submerged Lands Lease for a private residential single-family dock or pier, a private residential multifamily dock or pier, or a private residential multi-slip dock will increase from five years to 10 years. A lease is renewable for successive terms of up to 10 years if the parties agree and the lessee complies with all terms of the lease and all applicable laws and rules.
Reduction in Lease Fees for Condominiums and Multifamily Homes
If private residential multifamily docks or piers, private residential multi-slip docks, and other private residential structures pertaining to the same upland parcel include a total of no more than one wet slip for each approved upland residential unit, the lessee is not required to pay a lease fee on a preempted area of 10 square feet or less of sovereignty submerged lands for each linear foot of shoreline.
Requirements for Reporting Income
A lessee whose upland property is entitled to a homestead exemption is not required to remit 6 percent of the income derived from the sale or transfer of fee simple or beneficial ownership of private residential property.
Reduction in Lease Fee for Special Events
The Board of Trustees of the Internal Improvement Trust Fund may issue a lease or letter of consent to riparian landowners, special event promoters and boat show owners to allow the installation of temporary structures, including docks, mooring, pilings, and access walkways, on sovereign submerged lands solely for the purpose of facilitating boat shows and displays in or adjacent to, established marinas or government-owned upland property.
A lease or letter of consent for a special event shall be for a period not to exceed 45 days and a duration not to exceed 10 consecutive years. The lease fee for a special event is based solely on the duration of the event and actual size of the preemption and allows for the reconfiguration of temporary structures within the lease area.
Clarifies the 30 Percent Discount Language for Commercial Facilities
For marinas that are open to the public on a first-come, first-served basis and for which at least 90 percent of the slips are open for rent to the public, a discount of 30 percent on the annual lease fee shall apply. Facilities must clearly state in dockage rate sheet publications and dockage advertising that slips are open for rent to the public on a first-come, first-served basis.
Reduction in Lease Fees for Single-Family Docks
A lessee of sovereignty submerged lands for a private residential single-family dock designed to moor up to four boats receives a discount on their lease fees for a preempted area equal to or less than 10 times the riparian shoreline along sovereignty submerged land or the square footage authorized for a private residential single-family dock under rules adopted by the Board of Trustees of the Internal Improvement Trust Fund for the management of sovereignty submerged lands, whichever is greater. Lease fees will be assessed only for the preempted area that is over the 10 times riparian shoreline.
Reduction in Lease Fees for Private Residential Multifamily Docks
A lessee of sovereignty submerged lands for a private residential multifamily dock designed to moor boats up to the number of units within the multifamily development receives a discount on their lease fees for a pre-empted area equal to or less than 10 times the riparian shoreline along sovereignty submerged land on the affected water body, times the number of units with docks in the private multifamily development. Lease fees will be assessed only for the preempted area that exceeds the 10 times riparian shoreline times the number of units with docks.
Although a lessee may no longer be required to pay a base fee as a result of Section 253.0347(2)(c), F.S., requires a lessee to pay a lease fee equal to 6 percent of the revenue derived from the transfer of the fee simple or beneficial ownership of private residential property that is not entitled to a homestead exemption pursuant to Section 196.031, F.S., at the time of transfer.
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