Homestead Exemption is one way to reduce the amount of property tax you pay on your residential property. You must file with the county or city where your home is located.Each county has different applications and required documents. To receive the benefit of the homestead exemption, the taxpayer must file an initial application. Homestead exemption for persons sixty-five (65) years of age or over. For example, the homestead exemption is available on owner-occupied primary residences. Page 422, in the office of the register of deeds of Forsyth County. Entered according to Act of Congress in the year 1900, by. Sexual and Gender Diversity in Native America and the Pacific Islands.