homestead law


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homestead law

(in the US and Canada) any of various laws conferring certain privileges on owners of homesteads
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005
References in periodicals archive ?
years of South Dakota homestead law. In my previous article with this
CUTLINE: Highlights of new Massachusetts Homestead Law
The homestead law debate does suggest one reason why the Mining Law
focus of this inquiry to the constitutional birth of homestead law
(4) However, the decreasing value of the homestead cuts against a significant aspect of Florida's homestead law that strongly favors protecting the surviving spouse and family.
3d DCA 1987), the court stated that the purpose of the homestead law is to promote the stability and welfare of the state by securing to the householder a home, so that the homeowner may live beyond the reach of financial misfortune.
She teaches wills and trusts and other estate planning and tax courses and has published articles involving various aspects of estate planning and homestead law.
In the absence of a valid devise, Florida homestead law provides that, if an individual dies owning a Florida residence titled in his name alone, and is survived by a spouse and lineal descendants, the surviving spouse takes a life estate, and the lineal descendants take a remainder interest, in the property.
10) (the purpose of the homestead laws is to promote stability and welfare of the state by encouraging property ownership and independence of the citizens).
(Exception: In many states, homestead laws protect a spouse.)
Lands, Extending Homestead Laws to the District of Alaska, Etc., H.R.