Property owners in Florida may be eligible for exemptions and additional benefits that can reduce their property tax liability. GENERAL INFORMATION: Property owners applying for a residence homestead exemption file this form and supporting documentation with the appraisal district in.How to fill out the Homestead Exemption Application Instructions? You must file the Transfer of Homestead Assessment Difference Form DR-501T with the homestead application Form DR-501 for your new home. Provide the name, date of birth, TDL number (or SSN) of the owners along with percent ownership. This form is used to apply for homestead and related tax exemptions in Florida. Applicants must provide personal information and proof of residency.
