You must own the property and live in it as your primary residence to qualify. The final deadline to apply for the Homestead Exemption is December 1 of each year.Homeowners should contact their county assessment office (position 48) for a copy of their county's homestead and farmstead application form. To qualify you must own and live in your home as your primary residence. To be eligible, you must live in the home that you own. To stay eligible, you will be required to pay all new property taxes as they become due. Fill in the address of the property for which you are seeking an exclusion. As long as you continue to own and live in the eligible property, the exemption will apply. Programs may have strict income limits or tiered eligibility that phases out as income increases. 1. Philadelphia, PA 19115.