Homestead Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Homestead, written in plain English, along with examples of how it is used.

What is Homestead?

(n) Homestead is the residential unit used by a family, which has been declared as the main dwelling place of that family by the head of the house hold in writing to the County Recorder or Recorder of Deeds. A homestead is exempted from bankruptcy proceedings and judgment creditors