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Q: In the state of Florida under homestead exemption can a collection company for a credit card place a lien on that property or force a sale?
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Can a property held in a Revocable Living Trust qualify for the Florida homestead exemption?

While I am not a Florida attorney, the general rule is that including property in a Revocable Living Trust does not change the ownership for purposes of a homestead exemption. Because such a trust is revocable at any time, it is still considered your property and therefore still qualifies for a homestead exemption.


Can a collection put lien on a home in Florida for nineteen thousand dollars if the original collection is in the state of California?

Probably, the usually procedure is for the plaintiff to file an Abstract of Judgment with the county recorder in the state where the judgment debtor owns property. At this time Florida law allows unlimited homestead exemption, which means a lien could be placed but a forced sale of the property is not possible.


Can you use the homestead act on your current home?

don't know what you mean by homestead act. In Florida you can use homestead exemption.


I'm loooking into homestead exemptions, where is the best place for this Property Tax Information?

Finding out homestead exemption information will depend on what state you reside. For Florida: http://dor.myflorida.com/dor/property/taxpayers/exemptions.html. For Georgia: www.dor.ga.gov/ptd/adm/taxguide/exempt/homestead.aspx


Can a lien be put on a homesteaded property in Florida?

Yes, the term homesteaded (homestead exemption) refers to property that is the primary residence of the owner. Some states grant an automatic homestead exemption. In other states the owner must execute and record a homestead exemption in the land records. Real property is subject to liens by a judgment holder in all 50 US states. However, in the majority of cases a forced sale of the property is not possible due either to the exemption protection provided under state law or state statute directly forbidding the sale of a primary residence for consumer debt.


Do credit card bills have to be repaid after death under the Florida homestead law?

The homestead exemption has not correlation to the repayment of debt. The homestead exemption is for the purpose of protecting a primary residence from creditor attachement by means of a lawsuit judgment. Debts of the deceased should be entered into probate procedure along with all non exempt assets and property, all of such will be handled according to the state probate laws.


Florida-you have homestead on a house that you are surrendering your mother has given you a mobile home can you file a new homestead on the mobile home?

You may file a new homestead exemption by following the statutory requirements explained at the link provided below.


If only one spouse holds title to property in Florida does the other spouse have interest in property as well even though they are not in title?

In the case of divorce, that property may be added to the assets and then divided. If the property is subject to a homestead exemption the spouse must sign a mortgage or deed. See related links for more information.


What are the Florida limits on home exemption in bankruptcy?

I believe you home is safe as long as it is your homestead in a bankruptcy. You should consult a bankruptcy attorney to be safe.


What is the homestead exemption in Washington State?

The primary meaning of a "homestead" in current real property ownership refers to a "homestead exemption". A homestead exemption is a statutory protection from execution by creditors (up to a certain dollar amount that varies by state) for a property owner's primary residence only. Some states provide automatic homestead protection for the primary residence. Other states require that a separate declaration be recorded in the land records. A homestead exemption does not generally provide any protection for a purchase money mortgage and lenders now have boilerplate language that requires the borrower to subordinate any homestead to their mortgage. Homestead protection varies from state to state.Homestead can also refer to the following:A tax break for home owners offered in certain jurisdictions which sees property tax assessments reduced by a certain percentage as a result of the fact that the taxpayer resides in the property. This may require evidence of the status of ownership to be filed periodically with taxing authority.A homestead is a main dwelling house on a farm along with the adjacent land.A a tract of land whose ownership has been established under the provisions of the United States Homestead Act.Your best bet is to go to your state website and look up homestead exemption so you can get the specific provisions for your state.


Is property tax high in Orlando Florida?

I'm looking at MLS listings in Ococee and Windermere, just outside Orlando, in Orange county. I'm looking at homes priced just under $300,000. The listed taxes are running $5,000 to $7,000 per year, to me that is very high. I'm not sure what these homes are taxed accessed at but due to all the foreclosures and short sales, I would say that reassessments will be forth coming. If it is your primary residence you can apply for the homestead exemption. It is, at a minimum, a $25,000 deduction from a home's assessed value as determined by the county property appraiser. Take the home's assessed value, subtract $25,000, and apply the local millage rate to calculate the property taxes due. They are now offering " beginning 2009 I think " an increased homestead exemption of an additional $25,000 will be applied to homes worth at least $75,000, though the second $25,000 exemption does not include school tax deductions. Homes valued at $50,000 or less will receive a $25,000 exemption. Homes valued from $50,000 to $75,000 received a prorated deduction beyond the initial $25,000. There is no separate application for this new and additional exemption, and new homeowners who apply for the traditional homestead exemption before March 1 will automatically receive the savings. The same is true for long-time homeowners. They will receive the additional homestead exemption automatically if their home has an automatic homestead status renewal. No action is necessary.Sherry,Crystal Coast North Carolina


Who is the mayor of Homestead Florida -?

The mayor of Homestead Florida is Jeff Porter. Homestead is located in Miami-Dade County and has a population of 63,190 people.