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Real Estate Glossary

homestead

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Written by Luis Escobar

This is the house in which a family lives in, plus any adjacent land or other buildings on that particular piece of land. It may also refer to land designated by the owner as their homestead. This is therefore protected by state law from any forced sale by creditors of the owner. Homestead can also be the land acquired out of the public lands of the United States.

This is the house in which a family lives in, plus any adjacent land or other buildings on that particular piece of land. It may also refer to land designated by the owner as their homestead. This is therefore protected by state law from any forced sale by creditors of the owner. Homestead can also be the land acquired out of the public lands of the United States.

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Luis Escobar

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