Official Website for Riverside County California Clerk Recorders Office. Contains fillable and printable Homestead Declaration form.Information needed to complete each form section. Any deadlines associated with each form filling timeline if a deadline exists. The new law allows for the homestead exemption to be adjusted annually for inflation beginning Jan. Complete form BOE-266, Claim for Homeowners'. The new California Homestead Exemption was introduced through AB 1885 on Sept 18, 2020. The legislation will take effective on Jan 1, 2021. Applications are taken year round. The new California Homestead Exemption was introduced through AB 1885 on Sept 18, 2020.