homestead

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homestead

The dwelling house and adjoining land forming the permanent residence of the head of household.Under modern law,a person's homestead is given a very specific definition within each state's statutes and is then granted protections from creditors and against excessive real estate taxes. The term homestead may also apply to the rights granted to a widow or widower to use real property for their remaining lives if they elect to take advantage of homestead laws rather than provisions made in a will.The protections may be unlimited, only up to a certain dollar value of equity, or limited in area. Each state's laws are different, and homestead may be defined differently in the various statutes within a state.

References in periodicals archive ?
Michael Palma, chairman of the Homesteaders board and a member of Community Board 9, said, "We've experienced two years of hard effort to make this day possible.
But to claim Micheaux as a Black Turnerian is not to say that Micheaux was necessarily a successful Western homesteader, for he was not.
Homesteaders maintains a significant exposure to commercial real estate through its direct mortgage loan portfolio.
Homesteaders converge to the reunion from many states, typically around 150 people a year.
With the mills gone, Homesteaders "tended to emphasize the glories of work now vanished(p.
The homesteaders lost their livelihood because they trusted the government; they have yet to receive reparations for their loss.
There are now over 3,000,000 homesteaders who maintain home pages on Yahoo
I would suggest that why you re a homesteader is more important than what you're doing or how you're doing it.
Barren and populated by only a few desert homesteaders, under skies clear for months at a time, Muroc had been used since the 1930s for gunnery practice.
Homesteaders are GeoCities members who have built personal Web Sites and published over 29 million personal Web pages.
Best has affirmed the FSR of B++ (Good) and ICR of "bbb+" of Homesteaders Life Company (Homesteaders) (Des Moines, IA).