Exemption applications must be filed with your local assessor's office. See our Municipal Profiles for your local assessor's mailing address.You can get information about your property tax benefits, including: Application status, Current benefit amounts, Proposed benefit for the upcoming tax year. Determine your home's current market value. To file for a homestead exemption, you need to meet certain eligibility criteria and submit an application to your local tax assessor's office. Though all property is assessed, not all of it is taxable. See a list of common property tax exemptions in New York State. Homestead exemption protect property assets from probate. Properties recognized under laws of homestead are off-limits to creditors seeking attachment. Two forms of identification or proof of address.