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homestead exemption
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homestead exemption


Texas and Florida are amongst the states that have a homestead exemption.
  an amount of the value of one’s home that some states and local jurisdictions deduct from the value subject to property tax
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homestead exemption homestead exemptions
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Samples:
  • Texas and Florida are amongst the states that have a homestead exemption.
  • So skilfully and so closely has he drawn the bonds of the law about the tenant, that the black man has often simply to choose between pauperism and crime; he "waives" all homestead exemptions in his contract; he cannot touch his own mortgaged crop, which the laws put almost in the full control of the land-owner and of the merchant.
    W. E. B. Du Bois  --  The Souls of Black Folk
  • I have seen a black farmer fall in debt to a white storekeeper, and that storekeeper go to his farm and strip it of every single marketable article,—mules, ploughs, stored crops, tools, furniture, bedding, clocks, looking-glass,—and all this without a sheriff or officer, in the face of the law for homestead exemptions, and without rendering to a single responsible person any account or reckoning.
    W. E. B. Du Bois  --  The Souls of Black Folk
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Associated words [difficulty]:   homestead exemption , title insurance [9] , down payment [4] , free and clear [6] , title insurance [9]
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Most commonly used in these subjects:   Personal Finance, Law
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