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33 La Croix, 137 So. second at 204 (holding “only much with the proceeds of your sale as are intended to be reinvested in another homestead could be exempt. . . in an effort to satisfy the necessities of your exemption the resources have to not be commingled with other monies of the vendor but need to be held separate and aside and held for the only goal of buying A different residence.
During this Component of the write-up, We have now focused on the homestead exemption supplied by the Florida Constitution in Art. X, §4 and its legislative implementation via the file.S. Ch. 222. therefore, we talked about the policy driving the exemption, the bounds on its use, specifically the categories of residences which can qualify as homestead, the size of limitations of the true residence on which the homestead is situated, and, last but not least, the fashion wherein residences needs to be owned in order to qualify for homestead.
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naturally, to become suitable for defense from creditors, the property need to be located in the condition of Florida.4 Moreover, for coverage motives, homestead laws are applied liberally in favor in the homeowner.
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for the reason that citrus trees didn't present a similar returns as new condos, many farmers were forced to possibly promote their residence or chance becoming priced out. The greenbelt law available an answer by dropping charges for agricultural land.
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