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(on Archives.gov) Passed on May 20, 1862, the Homestead Act accelerated the settlement of the western territory by granting adult heads of families 160 acres of surveyed public land for a minimal filing fee and 5 years of continuous residence on that land.
Homestead Exemption Application can now be made Online. Homestead Exemption Application can also be made by mail. Florida's constitution provides for a $25,000 exemption, which is deducted from a property's assessed value if the owner qualifies.