About the Homestead Exemption Act and the law?
As previously stated above, Florida has two distinct and separate laws regarding a homestead exemption. We will help clarify the rumors, specifics and general misconceptions about the homestead laws, as we are the experts! The exemption of a homestead from forced sale and from having a judgment or execution being a lien thereon differs from homestead exemption as defined for tax purposes. This ‘asset protection’ exemption, as we like to call it, is governed by Article X, Section 4, Constitution of the State of Florida, which exempts a homestead from ‘forced sale’ and provides that “no judgment or execution shall be a lien thereon.” Clearly, this is a different thing than homestead exemption, as defined for ad valorem property tax purposes which is granted by your county property tax appraiser. Homestead laws were generally and originally designed to protect the family home from creditors. It also provides the right of occupancy given to a surviving spouse, minor children, and unmarried
