1. When did you acquire this property? To claim the exemption, the homeowner must make a one-time filing with the county assessor where the property is located.If you desire to claim an exemption, please fill out the Business Tax Exemption Form (must have active business tax account to apply). You could be exempt from the tax if you meet all of the following criteria: • You were born before June 30, 1955. • Your total household income for 2018 was. Proposition 13 (officially named the People's Initiative to Limit Property Taxation) is an amendment of the Constitution of California enacted during 1978. Discover living in The Villages® with low monthly amenity fees. Articles; Images; Videos. Articles.