Homestead Exemption Amount Explained
Special Episode 2, Short 6
In California, the homestead exemption is currently $75,000 for most homeowners and can go up to $175,000 for individuals over 65 or those who are disabled.
The exemption is designed to protect a portion of home equity from certain creditors, but the exact amount can vary based on individual circumstances and ongoing legal updates. Some legislation may increase these limits in the future, so reviewing the most current rules with a qualified attorney is important.
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To learn more, please contact Las Vegas Real Estate Attorneys at LasVegasRealEstateAttorney.com/contact or call 1-800-233-8521 for a complimentary phone consultation.
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