2. What are some exemptions? Both owners must sign the application form and, if both owners otherwise qualify, the homestead exemption will be granted for the entire home.The Residential Homestead Exemption Form along with other forms used at the Bexar Appraisal District can be found on their website. GENERAL INFORMATION: Property owners applying for a residence homestead exemption file this form and supporting documentation with the appraisal district in. Here you will learn the application process for a homestead exemption as an heir property owner, including how to apply when there are multiple heirs. You can apply online yourself go to your local tax assessor site and get copy of application. Fill out the other side of this application completely. To qualify for homestead exemptions, you must own and reside in your home on January 1 of the tax year. Texas homestead exemption is a legal provision that allows homeowners to declare a portion of their property as their homestead. STEP 2: Provide information regarding all owners of the property for which you are seeking exemption(s).