AV-10 Application is for property classified and excluded from the tax base under North Carolina General Statute. Supporting documentation is required with this application to verify applicant's identity, property occupancy, and property tax liability.The BOR accepts exemption applications for approximately 30 days, four times each year. EX01: Homestead Exemption Application (First time applications only). Click "Begin Filing" and follow the instructions. The applicant must be able to provide proof of income and a completed application form. Homestead Improvement Exemption. Application Requirements: Form PTAX-323. Exemptions. Updated: January 2, 2025. Call the Office and we will provide the proper affidavit.