Homestead Exemption of Householder. The property owner may be entitled to a homestead exemption if he or she owns a single-family residence and occupies it as their primary residence.What is a Homestead Exemption? You are not eligible for this tax exemption if you have remarried. Disabled applicants must complete form DTE 105E,. Virginia's homestead exemption is in the Code of Virginia Title 34. The dwelling on the property for which exemption is claimed must be occupied as the sole dwelling of the person or persons claiming exemption. You are not eligible for this tax exemption if you have remarried. This relief may be in the form of a tax exemption, tax deferral, or both. Homestead Exemption Laws Change.