homestead declaration

Definition of "homestead declaration"
  1. A document submitted to local land registry authorities to officially claim a homeowner's entitlement to a homestead exemption, which is not necessary in most states but required in a few
How to use "homestead declaration" in a sentence
  1. After purchasing their first house, the couple submitted the homestead declaration as their state required it.
  2. The attorney advised her to file a homestead declaration to protect her property from potential creditors.
  3. He had to learn about the homestead declaration when he moved to a state that requires it.

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