Permanent Florida residency required on January 1. How to Apply: Apply using the Online Exemption Filing Application.Claiming a Florida homestead exemption involves some very specific requirements that must be completed within a specified time frame. Applicants must file a Form CC-501 – Original Application for Homestead and Related Tax Exemptions, to apply for the homestead exemption on the new homestead. Applicant Name – Write in the name of the person filing for exemption. Form DR-501, "Original Application for Ad Valorem Tax Exemption" should also be completed to apply for the homestead exemption on the new homestead. All legal Florida residents are eligible for a Homestead Exemption on their homes, condominiums, co-op apartments, and certain mobile home lots if they qualify. The Pasco County Property Appraiser's Office accepts applications for Homestead Exemption online for your convenience. Homestead Exemption can provide significant property tax savings. This online application will walk you through the qualifications and application process.