Is Homestead Exemption removed when the property is sold?
Homestead Exemption stays on the property the year of the sale but is removed the following year. The new owner must apply for the exemption no later than March 1 of the next year. Homestead Fraud Report Form (Please fill out form and click Submit) Fraudulent Parcel Information (mandatory fields) Parcel ID Number (STRAP): – – OR – – Owner’s Name: Street Address: (incl St.