Complete the Homestead Declaration form. The form must be printed legibly in black ink.Depending on where you live, you can apply online through the state treasury office or the designated tax assessor in your appraisal district. The homestead can't exceed one acre in a city or 160 acres in a rural area. A homestead exemption can benefit homeowners if one spouse in a twoincome household dies. Nevada Homestead Law: What's Protected? Douglas County has additional exemptions. See all exemption requirements →. Nevada law provides that upon a homeowner's filing of a Homestead Declaration form with the County Recorder, the equity in a person's principal residence. Most exemption statutes have requirements included in the law and, possibly, the current exemption amount.