Residence Homestead Exemption Application (includes Age 65 or Older, Age 55 or Older Surviving Spouse, and Disabled Person Exemption). To qualify, you must own and reside in your home on January 1 of the year application is made and cannot claim a homestead exemption on any other property.GENERAL INFORMATION: Property owners applying for a residence homestead exemption file this form and supporting documentation with the appraisal district in. You must apply with your county appraisal district to get a homestead exemption. Applying is free and only needs to be filed once. The application for the exemption under Tax Code Section 11.132 is Form 50-114, Residence Homestead Exemption Application (PDF).