| 单词 | homestead exemption |
| 释义 | > as lemmashomestead exemption homestead exemption n. U.S. (a) a legal exemption from forced sale of a home by its owner to meet the demands of creditors; (b) an exemption from property tax. ΚΠ 1846 Young Amer. July 11 Let the standard be raised this fall throughout the State for Homestead Exemption. 1883 J. J. Lalor Cycl. Polit. Sci. II. 463/1 In states which have homestead exemptions, the variations are very great as to the value of the real estate exempted. 1936 Panama City (Florida) Herald 4 Jan. 2/2 The Florida legislature passed a law last year requiring those who are home owners and legally qualified for homestead exemption to file applications each year. 1998 J. Lumley Challenge your Taxes 180 Available in many states, the homestead exemption is a statutory protection whereby a homeowner's equity in his or her residence may be protected from judgements, liens, and creditors. < as lemmas |
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