"If you no longer own the home that was your principal residence on October 1, 2014, or you plan to close on or before November 30, 2016, you must answer 'No' to the question asking whether you still own the property when filing the homestead benefit application." "So the reader will need to fill out the rebate form year by year and indicate whether they still own the home for which they are entitled to a Homestead rebate," Maye said.