Property owners in Florida may be eligible for exemptions and additional benefits that can reduce their property tax liability. Permanent Florida residency required on January 1.The Arizona homestead exemption is automatic, meaning that no written claim is required. This can provide asset protection from creditors for at least some of house's value. Application for Property Tax Exemption. To establish eligibility for property tax exemption, the claimant must sign and file an affidavit with the County. If you're eligible for the homestead exemption, the application process will vary depending on where you live. You are now exiting the Sarasota County, FL. The Sarasota County, FL is not responsible for the content of external sites.