Video Blog: How Can My Homestead Be Subject To Creditor Claims?

Attorney Jeffrey P. Coleman explains situations where a rightful claim could be made against a homestead in Florida.

Video Transcript:

Assuming that you have resided in your home for a period of approximately three years and that it meets the definition of the homestead (this deals with a certain size limit if you’re inside a city). Your homestead can potentially be protected from claims of everyone.

Now of course, a homestead claim can be made if it is a mortgage that you signed on that homestead, a mechanic’s lien (which if someone put a pool in your backyard and you didn’t pay for it) that would be a rightful claim against your homestead, or if you fail to pay your real property taxes that would also endanger your homestead.

Otherwise there are very very substantial protections under Florida law for owners of homestead.