Homestead Exemption. The deadline to submit a homestead and all exemption applications is March 1 following the year of your home purchase.You must file the Transfer of Homestead Assessment Difference Form DR-501T with the homestead application Form DR-501 for your new home. If you're planning to claim a homestead exemption, you must first apply for a Florida driver's license. 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. In this session, we discuss Florida's Homestead Exemption, Save Our Homes, and Portability. Florida law allows individuals to use their unlicensed home kitchens to produce for sale certain foods that present a low risk of foodborne illness.