Homestead Exemption is one way to reduce the amount of property tax you pay on your residential property. A homestead exemption can give you tax breaks on what you pay in property taxes.The purpose of this guide is to help Fulton County residents learn more about the homestead exemptions that are available to you. Homestead Exemptions. Exemption Requirements. The county tax assessor is responsible for valuing all properties according to state law. Several local elections and ballot initiatives were settled across Northeast Georgia on Tuesday amid recordbreaking voter turnout. To be allocated to various Senators. The Debtors' mailing address is 1000 NW 57. Court, Suite 400, Miami, Florida 33126.