Property used for charitable purposes. The default rule is that all claims for exemptions and exclusions require annual application.AV-10 Application is for property classified and excluded from the tax base under North Carolina General Statute. Applicants must file a Form CC-501 – Original Application for Homestead and Related Tax Exemptions, to apply for the homestead exemption on the new homestead. Please let me know if you need more information. Must have owned and occupied the property as the owner's permanent residence for at least 5 years. Must be a North Carolina resident. Over-65 persons should apply for this exemption at the appraisal district office. Over-65 persons should apply for this exemption at the appraisal district office. Application deadline is June 1.