Editing Homestead exemption (section)

{{Short description|Legal regime to protect homes' value}}
{{UStaxation}}
The '''homestead exemption''' is a legal regime to protect the value of the homes of residents from [[property taxes]], [[creditor]]s, and circumstances that arise from the death of the homeowner's spouse, disability, or other situations.

Such laws are found in the [[statutes]] or the [[constitution]] of many of the [[US states|states]] in the [[United States]]. The homestead exemption in some states of the [[Southern United States|South]] has its legal origins in the exemption laws of the [[Spanish Empire]]. In other states, they were enacted in response to the effects of 19th-century economy.{{cn|date=December 2024}}