There are homestead exemptions available to homeowners that complete and file the required applications by April 1st of the tax year (O.C.G.A 48-5-40 through 48-5-54). To be eligible for application you must own, occupy, and claim your property as your legal residence on January 1st. Only one person need apply if more than one name appears on the deed. The exemptions are automatically renewed each year unless there is a change in ownership or you no longer meet the eligibility requirements.