A homestead exemption is a legal provision that helps to reduce the amount of property taxes on owner-occupied homes. If you own and live in a house in Fulton County, you may qualify for homestead exemption.When will I receive my exemption? Exemption applications must be filed with your local assessor's office. See our Municipal Profiles for your local assessor's mailing address. Downloadable Exemption Forms (these must be notarized - click here to locate a notary). The affidavits below are "fillable. These Homestead Exemptions apply to the Fulton County portion of your property taxes anywhere in Fulton county, with no income or age limits. A Homestead Exemption is a legal provision that helps reduce the amount of property taxes owed on owneroccupied homes. The table below displays the final STAR credits and STAR exemption savings that homeowners received in 2024.