Property owners in Florida may be eligible for exemptions and additional benefits that can reduce their property tax liability. Permanent Florida residency required on January 1.You can apply for the exemption online or at the Township Assessor's office. An annual verification of eligibility must be filled out each year. This exemption is available to qualified homeowners who have made improvements to their principal dwelling place. First-time applicants must provide proof of age (Driver license, Florida ID, Voter ID, or Birth Certificate). Property tax exemptions are savings that contribute to lowering a homeowner's property tax bill. Failure to submit an application on or before April 1, forfeits your right to Homestead Exemption for the current Tax Year. Moreover, the Assessor is authorized to record liens against real estate if the homeowner does not pay as required. The Cook County Assessor's Office automatically renews Homeowner Exemptions for properties that were not sold to new owners in the last year.