declaration of homestead

Definition of "declaration of homestead"
  1. A document, filed by an eligible property owner, that activates the safeguard provided by a homestead exemption
How to use "declaration of homestead" in a sentence
  1. The couple filed a declaration of homestead to protect their primary residence from creditors.
  2. The declaration of homestead ensured that the family home would be protected from seizure by the debt collector.
  3. In a difficult financial situation, submitting a declaration of homestead can provide some relief.

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