You must complete and include Form 301 with the appropriate individual credit form(s) (any form that starts with 3) with your return. Exemption applications must be filed with your local assessor's office.See our Municipal Profiles for your local assessor's mailing address. Applicant must have resided in Arizona the whole year and paid property taxes or rents for the entire year. You must own the property and live in it as your primary residence to qualify. It freezes the property valuation of residential homeowners who are 65 or older as of January 1st. There are two government programs that help low-income seniors:. These services are for people with low to moderate incomes.