Homestead Exemption. The deadline to submit a homestead and all exemption applications is March 1 following the year of your home purchase.Homestead exemption applications may now be filed online! Contact your local property appraiser if you have questions about your exemption. File the signed application for exemption with the county property appraiser. On the page entitled "Application for Fulton County Homestead Exemption," click on the link titled "Begin Filing. What is Required When Filing for Homestead Exemption? A homestead exemption is a legal provision that helps to reduce the amount of property taxes on owner-occupied homes. You should complete all required forms and applica ons for the exemp on and file them with your county property appraiser.