were several laws in the United States by which an applicant could acquire ownership of government land or the public domain, typically called a homestead.
The homestead exemption
is a legal regime to protect the value of the homes of residents from property taxes, creditors, and circumstances that arise from the death of the homeowner's spouse.
Homestead exemption laws typically have four primary features:
Preventing the forced sale of a home to meet the demands of creditors, usually except mortgages, mechanics liens, or sales to pay property taxes
Providing the surviving spouse with shelter
Providing an exemption from property taxes on a home
Allowing a tax-exempt homeowner to vote on property tax increases to homeowners over the threshold, by bond or millage requests
Even with the homestead exemption protection, defaults, liens and delinquent taxes trigger a auctions laying legal claim to, and interest accruing by, debt in question, in all 50 States to be satisfied at transfer of title.
Keep in mind, usually, except mortgages, mechanics liens, or sales to pay property taxes
The Homestead Acts
The homestead exemption
Homestead exemption laws typically have four primary features:
Even with the homestead exemption protection, defaults, liens and delinquent taxes trigger a auctions laying legal claim to, and interest accruing by, debt in question, in all 50 States to be satisfied at transfer of title.
Keep in mind, usually, except mortgages, mechanics liens, or sales to pay property taxes
Like I said, try not to find out. Haha.
No it will work, just need to knock off the spouse, what a conundrum, keep,
The House or the Spouse?
The Spouse or the House?
Makes you wonder what's going thru momma's head when she has that funny look in her eye.
It's sp or h.
Haha.