You are a homeowner in Florida and your parcel of land spans two acres. You find yourself in a financial deficit and creditors have been contacting you to collect on your debt. You want to preserve your home and have it qualify under Florida’s homestead exemption to prevent any forced sale by court judgment or decree. Unfortunately for you, your property exceeds the acreage allowed by law. While you are unable to declare your property as exempt in its entirety under Florida law, you still have the opportunity to partition your land to clear your arrears and protect your home from court ordered sale.
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Construction Law Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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