Overview of the Homestead Act. Check List – Fill out the Homestead Declaration Form completely, sign it and have it notarized.Taxpayers should use these forms and guides to apply for local tax abatements and exemptions and file property returns. In some states, homestead exemptions are automatic and in others they must be declared in writing. This can provide asset protection from creditors for at least some of house's value. President Abraham Lincoln signed the Homestead Act on May 20, 1862. State law requires that all owned or leased vehicles must be registered in the county where the owner claims homestead exemption. If you are a new applicant kindly complete this form. You should receive the application within one week. A college student may elect to use his.
