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homestead law

/ˈhoʊmsted lɔː/

Traducción: Ley que protege la residencia principal del propietario frente a la incautación por parte de acreedores o que otorga beneficios fiscales, frecuentemente ligada a las concesiones históricas de tierras en Estados Unidos.

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phrase

/ˈhoʊmsted lɔː/C1formalamericanlegal
  • esLey que protege la residencia principal del propietario frente a la incautación por parte de acreedores o que otorga beneficios fiscales, frecuentemente ligada a las concesiones históricas de tierras en Estados Unidos.

A legal provision that protects a homeowner's primary residence from seizure by creditors or provides tax exemptions, often associated with historical land grants in the United States.

  1. Legal protection for homesC1formalamerican

    A law that protects a homeowner's primary residence from being seized by creditors or sold to satisfy debts.

    esley de protección de la vivienda familiar

    • The homestead law prevented the bank from taking his family home.
    • Under the homestead law, a portion of the property's value is exempt from creditors.
    • Many states have specific homestead exemptions to protect homeowners.