This is a property tax savings program for those aged 55 or older who are selling their home and buying another home. Complete a homestead declaration form.Sign your declaration in front of a notary. To claim the exemption, the homeowner must make a one-time filing with the county assessor where the property is located. The State of California administers two programs to assist low-income blind, disabled or senior citizens pay property taxes. Complete and submit the application: Obtain the right form from the county assessor's office (or their website) and fill it out accurately. Eligible senior taxpayers must complete an application and supply proof of age and property ownership. The State of California administers two programs to assist low-income blind, disabled or senior citizens pay property taxes. If you are age 55 or older, you may have a significant equity in your home. To qualify, homeowners generally must live in the home as their primary residence.