To qualify for Homestead Exemption (F. No information is available for this page.It is a local option to establish two separate property tax rates: a lower tax rate for residential property owners. If you received the same exemption on another parcel in the previous year, enter the previous parcel information in the space provided. In addition to the income requirements, several other conditions must be met. You must file for your homestead exemption no later than March 1st. Exemption applications must be filed with your local assessor's office. See our Municipal Profiles for your local assessor's mailing address. Submit a completed application form along with the originals and copies of supporting documents to the Revenue offices. In addition to the income requirements, several other conditions must be met.