login about faq

Please note: Use of ProjectBankruptcy.com is subject to the terms and conditions in our disclaimer.

Can I get a homestead exemption without owning a home?

asked Jan 09 '11 at 17:16

rhd's gravatar image

rhd ♦♦
13


No, the homestead exemption can only be used to protect a primary residence. It cannot be used to protect any other asset such as rental property. The wildcard exemption under the California section 703 exemption statute can be used to protect any asset up to $23,250.

answered Jan 09 '11 at 19:20

CeciliaChen's gravatar image

CeciliaChen ♦
664

Your answer
toggle preview

Follow this question

By Email:

Once you sign in you will be able to subscribe for any updates here

By RSS:

Answers

Answers and Comments

Markdown Basics

  • *italic* or __italic__
  • **bold** or __bold__
  • link:[text](http://url.com/ "title")
  • image?![alt text](/path/img.jpg "title")
  • numbered list: 1. Foo 2. Bar
  • to add a line break simply add two spaces to where you would like the new line to be.
  • basic HTML tags are also supported

Tags:

×2
×2

Asked: Jan 09 '11 at 17:16

Seen: 92 times

Last updated: Jan 09 '11 at 19:20

Related questions

powered by OSQA