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.This article addresses if you should make Florida your primary residence if you have a home in Michigan too. The application deadline is March 1. How to file for Homestead in Florida. Property owners in Florida may be eligible for exemptions and additional benefits that can reduce their property tax liability. A tax credit for qualified Michigan home owners and renters, which helps to pay some of the property taxes homeowners or renters have been billed. This Video Shows you How to Complete an Application for Homestead Exemption. This form is intended to assist you in completing your application. How to Fill out Texas Homestead Exemption 2022 - updated 2024.