”26 Similarly, in a very more recent situation, a whole lot which had never ever been lived on was located ineligible for homestead security. In In re Estate of Ritter, 407 So. 2d 386 (Fla. 3d DCA 1981), a vacant whole lot owned through the debtor and adjoining his homestead was observed never to be Element of the debtor’s homestead residence. The courtroom reasoned “[the whole lot] at no time had any buildings or improvements crafted upon it which served the home. . . and was by no means jointly fenced in Together with the [residence]. it had been simply a individual, empty great deal which served, at best, being an extra side garden towards the aforementioned home.”27
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likewise, a bankruptcy court held that, following a separation by two spouses, Just about every would have the capacity to declare a homestead in a home Although The online influence would be to exempt two homesteads exactly where the two experienced submitted different bankruptcies.seventeen
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subsequent month, partly II, We are going to examine even further limitations about the homestead exemption Slide Cash Loophole and proposed federal individual bankruptcy legislation that might seriously limit homestead safety for those debtors trying to find to maneuver to Florida to stop creditors.
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