File with your local Registry of Deeds. HOMESTEAD EXEMPTION - My market value dropped so why did my assessment go up?HOMESTEAD EXEMPTION - What are the requirements for a Homestead Exemption? Portability gives a property owner the ability to move from one homestead to another homestead and not be taxed out of that homestead. Applicant shall own no delinquent property taxes or other fees to Broward County. F. Owner must submit proof of financial capability. Homestead Exemption. There are several ways to complete your exemption application. Homestead exemption on property in Broward County, Florida and the imposition of a tax lien. Net or at the Broward County Property Appraiser office (BCPA) located at 115 South Andrews Avenue.