Description: Use this form to apply for the Homestead Exemption on your Real Estate Tax. Released: January 16, 2024, Format: PDF.The Taxpayer Relief Act provides for property tax reduction allocations to be distributed to school districts through a "homestead or farmstead exclusion." Once completed, use these instructions to submit your application. ​. Taxpayer must report change in eligibility (e.g. The property owner may be entitled to a homestead exemption if he or she owns a single-family residence and occupies it as their primary residence. (1) Real property shall be eligible for the exemptions provided for under this Chapter if it meets all of the following conditions. Residents can apply for the Homestead Exemption through a relatively simple, onepage form. Properties enrolled in the real estate tax abatement program are not eligible for the homestead exemption.36. Residents can apply for the Homestead Exemption through a relatively simple, onepage form.