Thursday, 5 June 2014

I live in the State of California. Does a homeowner give up their homesteading rights once they buy into a homeowner's association?

Question

I live in the State of California. Does a homeowner give up their homesteading rights once they buy into a homeowner's association?



Answer

No, the homestead exemption is automatic.



Answer

California has both an "automatic" homestead exemption and a "declared" homestead exemption, largely overlapping in the limited protection afforded thereby. If your home is within a homeowners' association, that fact has no bearing on your getting the automatic exemption or your right to record a declaration of homestead.



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