Assertion: exemption's home | /r/HasProperty | sold
Facets:
Source sentences:
text: A homestead exemption aimed at seniors may only defer property taxes until the home is sold.
text: Even in states where formal homesteading is not required, the formal declaration of a homestead confers important protections, such as the continuation of the homestead designation and the protection of sale proceeds from creditors for a set period (which varies by state) after the home is sold.