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Pennsylvania Homestead Laws

State homestead laws allows property owners to register a small parcel of their domicile as a "homestead," and thus off-limits to creditors in the event of a foreclosure or other misfortune. These laws are intended to prevent homelessness in certain situations.

The Pennsylvania exemption system does not provide a homestead exemption. That said, equity in your home may be protected if you and your spouse own it as a tenancy by the entirety or if you opt to use the federal bankruptcy exemption scheme. The federal bankruptcy homestead exemption amount is $22,975 (as of 2013). The exemption may be used for homes, condos, co-ops, mobile homes, and burial plots. Married couples may double this exemption.

Learn more about Pennsylvania homestead laws in the chart below, followed by links to additional resources.

Code Section Tit. 42 §8123; Tit. 72 §4751-3
Max. Property Value That May Be Designated 'Homestead' $300 monetary exemption from judgment only; for senior citizens, a formula based on a sliding scale of income up to $15,000
Maximum Acreage (Urban) -
Maximum Acreage (Rural) -

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

Pennsylvania Homestead Laws: Related Resources

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