Homeowners should contact their county assessment office (position 48) for a copy of their county's homestead and farmstead application form. A homestead exemption can benefit homeowners if one spouse in a twoincome household dies.So, a homestead exemption is a legal provision designed to protect the value in a principal dwelling place. How to apply for the Homestead Exemption to reduce your Real Estate Tax bill if you own your home in Philadelphia. The Louisiana Homestead Exemption provides a significant financial benefit for homeowners in the state. To receive a homestead or farmstead exclusion, a Pennsylvania resident must submit an application to the county assessor prior to March 1. Homestead exemptions If you are using your Pennsylvania property as your primary residence, you may be eligible for a homestead exemption. After purchasing your home, please come to one of our locations with your closing papers to sign up for your Homestead Exemption. Pennsylvania. Tennessee. Ohio. Idaho. South Carolina. Wyoming.