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Michigan Homestead Laws

Homestead laws allow homeowners and property owners in general to register a limited parcel of their property as a "homestead," and thus protected from creditors. State homestead laws typically mandate a maximum amount of property (often expressed in dollar amounts) that may be claimed. Michigan homestead laws allow 40 acres of rural land or an average-sized urban lot (up to $3,500 worth) to be set aside as a homestead.

To learn more about Michigan homestead laws and related matters, see the following table and links.

Code Section 600.6023
Max. Property Value That May Be Designated 'Homestead' $3,500 realty, $1,000 trade tools
Maximum Acreage (Urban) Lot
Maximum Acreage (Rural) 40 acres

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

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