The homestead exemption and Save Our Homes assessment limitation help thousands of Florida homeowners save money on their property taxes every year. âś“ Learn here today!You cannot transfer your homestead exemption when you move from a previous Florida homestead to a new Florida homestead. A homestead exemption protects at least part of the value of the homestead from creditors. Learn the latest on the new Texas bill requiring homeowners to renew their Homestead Exemption every 5 years. The residence homestead exemption can help lower your Texas property taxes. Get answers to frequently asked questions about this exemption. Provide the name, date of birth, TDL number (or SSN) of the owners along with percent ownership. 16 votes, 10 comments. Each state has its own laws surrounding exemptions.
