California Homestead Exemption 2024 Application

California Homestead Exemption 2024 Application. How will the new california homestead exemption protect homeowners? Minimum of $300k and maximum of $600k.

Currently, the california homestead exemption is automatic, meaning that a homestead declaration does not need to be filed with the county clerk. Homeowners who own and occupy a dwelling on january 1st as their principal place of residence are eligible to receive a reduction of up to $7000 off the dwelling’s full cash.