If filing for Homestead Exemption on a property held in a Trust, a copy of the Trust Agreement must be attached to this application. You are in the process of filing a petition with the Value Adjustment Board (the "VAB") to request a tax exemption or property classification for 2018. This.Claiming a Florida homestead exemption involves some very specific requirements that must be completed within a specified time frame. 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. As a property owner in Florida, homestead exemption is one way to reduce the amount of real estate taxes you pay on your residential property. Do not file any exemption applications with the NYS Department of Taxation and Finance or with the Office of Real Property Tax Services. Applicants must file Form DR-501T, Transfer of Homestead Assessment Difference, to the property appraiser of the county in which their new home is located. To receive the benefit of the homestead exemption, the taxpayer must file an initial application. The protection attaches the day of occupancy with the intent to make it the permanent Florida homestead. There are no papers to file, no forms to fill out.