Most homeowners are eligible for this exemption if they own and occupy their property as their principal place of residence. Join us for a workshop to learn about the Cook County Assessor's Office and homeowner exemptions.Enter the SDAT Real Property Tax Identification Number of the property for which Homestead. Eligibility isrequested. Taxpayers whose primary residence is a single-family home, townhouse, condominium, co-op or apartment building (up to six units) are eligible. The Cook County Assessor's Office mails applications to homeowners who may qualify for this exemption. Maryland requires all homeowners to submit a onetime application to establish eligibility for the Homestead Tax Credit. Homestead exemptions and property tax credits are common ways for states to ease the tax burden on homeowners. The tax credit will be granted if the following conditions are met during the previous tax year: " The property was not transferred to new ownership. 7 Their eligibility requirements, benefits, and other details are summarized in Figure 1.