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conclusions are in conflict as as to if motorboats can qualify for homestead defense. for instance, in In re Mead, 255 B.R. 80 (Bankr. S.D. Fla. 2000), the court, seeing “no distinction involving a cell home occupying leased space within a mobile house park, and a ship occupying leased dock Area inside a marina or in A further dockage predicament,” permitted a debtor to your claim a homestead in his 34-foot cabin cruiser. Several other courts have reasoned to the contrary that “a debtor can not transform a movable chattel into a homestead by selecting to leave the chattel in one location or by failing to maintain the chattel in the movable ailment.
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What does it just take to qualify with the exemption? generally just a couple underfed animals roaming all over a mud patch. Property entrepreneurs need to submit a form to the government and provide evidence that they're engaged in "superior-religion professional agriculture." They don't have to produce an profits from their operations. numerous have been allowed to declare the exemption even immediately after rezoning their land for non-agricultural purposes.
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33 La Croix, 137 So. second at 204 (Keeping “only a great deal in the proceeds on the sale as are intended to be reinvested in A further homestead can be exempt. . . in order to satisfy the requirements of the exemption the resources should not be commingled with other monies of The seller but needs to be stored individual and aside and held for the sole objective of acquiring Yet another household.
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