California’s More Generous Homestead Exemption
In 2021, California significantly increased the protection under the “homestead exemption” and the “homestead declaration”. Until 2021, the amount of the homestead exemption (protection) varied from $75,000 to $175,000 depending on circumstances. Now, the exemption amount varies between $300,000 and $600,000, adjusted annually for inflation, based on the countywide median sale price for a single-family […]
posted on: September 30, 2021
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