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Zanzabum
3 years ago
5

What is a homestead exemption?

Business
1 answer:
Katarina [22]3 years ago
6 0

The answer is <u>"equity in a home that a debtor is permitted to retain".</u>


A homestead exemption shields the estimation of a home from property expenses and lenders following the demise of a mortgage holder life partner. A homestead exemption can be found in state resolutions and sacred arrangements over the U.S. also, is a programmed advantage in a few states. In states where the estate insurance isn't programmed, mortgage holders must document a case which must be re-recorded while moving main living places

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3 years ago
I need help solving this. Thanks
DedPeter [7]

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