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. UBI number: Federal Employer Identification Number: Does your organization currently have a property tax exemption on any property in Washington?File an application with the Office of Tax and Revenue. A homestead exemption protects homeowners and the equity in their homes from judgment creditors seeking to collect on unsecured debts. Please navigate to MyTax. DC.gov to begin the application process. This guide will delve into homestead exemptions, what they are, who is eligible, how to apply, which states have them, and more. You can use the Washington homestead exemption to protect a house, condominium, mobile, or manufactured home serving as your principal residence. A homestead application should be submitted within 30 days of moving into the property. The exemption is available for single family dwellings only.