RECONSTRUCTION 1865 1877
HOMESTEAD ACT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
At least 21 years-old or head of a family
|
|
|
Be a US citizen or promise to become one
|
|
|
Cultivate, or raise crops on part of the land
|
|
|
All of the above
|
Detailed explanation-1: -A homestead can be defined as the house and adjoining land where the owner primarily resides. Legally, what constitutes as a homestead varies state by state. Properties that qualify as homesteads may also benefit from homestead exemptions, which can offer homeowners certain financial and legal protections.
Detailed explanation-2: -Homestead Exemption: Every person who has legal or equitable title to real property in the State of Florida and who resides thereon and in good faith makes it his or her permanent home is eligible to receive a homestead exemption of up to $50, 000. The first $25, 000 applies to all property taxes.
Detailed explanation-3: -A person requesting homestead exemption must make a written application, must be a natural person, the head of a family, have ownership and eligible property, occupy the dwelling as a home, and be a Mississippi resident.