Permanent Florida residency required on January 1. To qualify for the homeowners' exemption, the home must have been the principal residence of the owner as of January 1 of that tax year.Filing for Florida's Homestead Exemption can offer you tax savings when you own real estate in Florida. What is Required When Filing for Homestead Exemption? Probate homestead c. Homestead: This exemption can help homeowners reduce state property taxes and protect surviving spouses from creditors. We believe in the democracy of style and service. Forget what you know about old-school industry rules. Confirm your benefits and coverage for the specific service you're seeking. HMO members, please confirm your plan's rules to access MinuteClinic.