Legal Question in Real Estate Law in Massachusetts
Homestead act, pros and cons??
What benefits, and or penalty, if any does the homestead act provide for a home owner? I pay a mortgage so the land is owned by the bank. I'm mainly concerned with how the homestead act may protect or expose my property in any event. I have looked on the web and can't find anything explaining the pros and cons to filing for the homestead act.
thank you
Asked on 7/11/02, 6:49 am
1 Answer from Attorneys
Robert Trant
Law Office of Robert R. Trant
Re: Homestead act, pros and cons??
For homestead info, check out this page on the Norfolk County Registry of Deeds website. The address is www.norfolkdeeds.org/homestd.html.
Answered on 7/11/02, 2:06 pm