homestead declaration
Definition from Nolo’s Plain-English Law Dictionary
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 homestead exemption. A few states do require such a recording, however.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:17 pm