homestead law — ☆ homestead law n. 1. a law exempting a homestead from seizure or forced sale to meet general debts 2. any law granting to settlers tracts of public land to be developed as farms 3. in certain states, any of various laws granting specific… … English World dictionary
homestead law — noun a law conferring privileges on owners of homesteads • Topics: ↑law, ↑jurisprudence • Hypernyms: ↑law * * * noun 1. : a law conferring special privileges or exemptions upon owners of homesteads; especially … Useful english dictionary
homestead law — law that protects a home from debt related seizure or repossession; law that makes public land available for agricultural use; law that provides tax credits to homeowners … English contemporary dictionary
homestead law — noun Date: 1847 1. a law exempting a homestead from attachment or sale under execution for general debts 2. any of several legislative acts authorizing the sale of public lands in homesteads … New Collegiate Dictionary
homestead law — home′stead law n. 1) gov law any law exempting homesteads from seizure or sale for debt 2) gov law any law making public lands available to settlers to be used as farms 3) gov law any of various state laws granting special property tax exemptions … From formal English to slang
homestead law — 1. any law exempting homesteads from seizure or sale for debt. 2. any law making public lands available to settlers to be used as farms. 3. any of various state laws granting special property tax exemptions or other privileges to homesteaders.… … Universalium
law — / lȯ/ n [Old English lagu, of Scandinavian origin] 1: a rule of conduct or action prescribed or formally recognized as binding or enforced by a controlling authority: as a: a command or provision enacted by a legislature see also statute 1 b:… … Law dictionary
homestead — home·stead / hōm ˌsted, stid/ n 1 a: the home and adjoining land with any buildings that is occupied usu. by a family as its principal residence b: an estate created by law in a homestead esp. for the purpose of taking advantage of a homestead… … Law dictionary
homestead exemption — n: an exemption from liability that prevents creditors from obtaining satisfaction from a debtor s homestead see also declaration of homestead at declaration 4 ◇ The laws governing the homestead exemption vary greatly from state to state. Most… … Law dictionary
homestead declaration — A form filed with the county recorder s office to put on record your right to a homestead exemption. In most states, the homestead exemption is automatic that is, a homeowner is not required to record a homestead declaration in order to claim the … Law dictionary
