All homeowners automatically have a homeowner's exemption, which protects part of their equity from involuntary sales (foreclosures). Homeowners' Exemption claimants are responsible for notifying the assessor when they are no longer eligible for the exemption.Complete a homestead declaration form. Information needed to complete each form section. Any deadlines associated with each form filling timeline if a deadline exists. If you move, you must file an application for a new exemption. For more information about the Homeowners' Exemption, call (916) 875-0710. A homestead exemption is automatically applied to your residence but only upon the forced sale of the property. Homeowner's exemption claim form to file with the Assessor. Homestead Exemption.