homestead law


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homestead law

n
(Law) (in the US and Canada) any of various laws conferring certain privileges on owners of homesteads
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

home′stead law`


n.
1. any law exempting homesteads from seizure or sale for debt.
2. any law making public lands available to settlers to be used as farms.
3. any of various state laws granting special property tax exemptions or other privileges to homesteaders.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.homestead law - a law conferring privileges on owners of homesteads
law - legal document setting forth rules governing a particular kind of activity; "there is a law against kidnapping"
law, jurisprudence - the collection of rules imposed by authority; "civilization presupposes respect for the law"; "the great problem for jurisprudence to allow freedom while enforcing order"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
Ch., March 16, 2004)] certainly suggests that, if the plaintiff had purchased an expensive home in Florida, where Florida homestead law would make that asset immune to creditors' claims, at a time that he anticipated he would be subject of claims based on his management of the defendant corporation, his conduct would be sufficient to establish a defense to his equitable claim for advancement.
eighty-five years of homestead law in South Dakota.
The book analyzes the challenges trust and estate practitioners face, and discusses key issues such as homestead law, trustee concerns, and how to effectively navigate the probate process.
Every state but Delaware, New Jersey, Pennsylvania and Rhode Island has some type of homestead law," Ms.
The homestead law is part of the Florida constitution and trumps everything else, including state law and statutes.
One of the crucial arguments about homestead law bears a strong
Second, "the adoption of a Homestead law and the extension of slavery were the two opposing ways of definitively settling the question of the status of the territories." (129) To check the latter method implied accepting the former.
unsuccessful attempts to modify our State Constitutional homestead law
This misconception likely stems from an overly broad interpretation of the act as well as Florida homestead law (as will be discussed later in this article).
Interestingly, the issue has not been clearly addressed by the Florida courts, and the cases that seem to suggest an answer are, as will be shown below, largely irrelevant to the analysis and, worse, if woodenly applied, would produce a result that is arguably both contrary to Florida homestead law and inequitable.
(16) Florida's homestead law extends beyond asset protection.
Although a homestead is not protected as a result of Florida's homestead law, half of it can be protected based on how title to the property is held and whether the tax debt is a joint debt or the debt of just one of the owners.