Permanent Florida residency required on January 1. To qualify for a homestead exemption, you must own and occupy the property on which you are applying.What is Required When Filing for Homestead Exemption? ✓ Learn here today! The Homestead Exemption is required for this exemption. If you're planning to claim a homestead exemption, you must first apply for a Florida driver's license. All legal Florida residents are eligible for a Homestead Exemption on their homes, condominiums, co-op apartments, and certain mobile home lots if they qualify. There are a number of exemptions that help lower your property taxes in Texas. Travis County (Austin) 2. Please have these documents available while completing the application: Valid Florida Driver License or valid Florida Identification card.