If you own and live in a house in Fulton County, you may qualify for homestead exemption. The purpose of this guide is to help Fulton County residents learn.A homestead exemption is a legal provision that helps to reduce the amount of property taxes on owner-occupied homes. The home must be your primary residence. Fulton County homeowners can qualify for a variety of homestead exemptions offered through the Fulton County Tax Assessors office. Exemption applications must be filed with your local assessor's office. See our Municipal Profiles for your local assessor's mailing address. When applying for a homestead exemption, someone listed on the deed must complete an application. The Homestead Exemption allows a tax discount for homeowners 65 years older and older or totally disabled. Anyone can apply for the Basic Homestead Exemption.