Findings—2021 c 290: "The legislature finds that the homestead exemption is intended to protect the homeowner's equity in a home against unsecured creditors. A homestead exemption protects homeowners and the equity in their homes from judgment creditors seeking to collect on unsecured debts.Complete DTE Form 105A, Homestead Exemption Application for Senior Citizens, Disabled Persons, and. Surviving Spouses, and file it with your County Auditor. Homestead Tax Exemption Example. Let's say a surviving spouse chooses to use the homestead exemption for the current tax year. Brief description of the property and line on. Application for Property Tax Exemption. Beresford Booth law clerk Dexter Bradford discusses about major revisions to Washington's homestead exemption. During the COVID-19 pandemic, increasing numbers of Washington homeowners rely on the homestead exemption to protect their homes from creditors.