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Florida Homestead Laws

Florida has one of the most generous homestead exemptions found in any state. Homestead protection laws help prevent people from becoming homeless in the event of a disclosure or change in economic stature. Specifically, these laws allow individuals to register a limited portion of their property as "homestead" and generally off-limits to creditors.

Unlike laws in many other states, Florida homestead laws don't state a maximum value that may be designated. Indeed, with Florida's homestead exemption, you can protect the entire value of your home if you file for bankruptcy, although there are some acreage limits. Homeowners may exempt an unlimited amount of value in their home or other property covered by the homestead exemption. However, the property cannot be larger than half an acre in a municipality or 160 acres elsewhere.

Learn about Florida homestead laws and related topics, such as bankruptcy and foreclosure, below.

Code Section §196.031; Const. Art. X, §4
Max. Property Value That May Be Designated 'Homestead' Maximum value, with acreage limits
Maximum Acreage (Urban) 1/2 acre
Maximum Acreage (Rural) 160 acres

Note: State laws are constantly changing -- contact a Florida bankruptcy attorney or conduct your own legal research to verify the state law(s) you are researching.

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