homestead law
noun
1
: a law exempting a homestead from attachment or sale under execution for general debts
2
: any of several legislative acts authorizing the sale of public lands in homesteads
Example Sentences
Recent Examples on the Web For the owner of a $125,000 house that's a primary residence and protected by state homestead laws, the value will increase only 2.1 percent, and $50,000 in value will be tax-exempt. 
Brittany Wallman, Sun-Sentinel.com, 27 Sep. 2017 For the owner of a $260,000 house that's a primary residence and protected by state homestead laws, the value for tax purposes would increase only 2.1 percent, and $50,000 in value would be exempt from taxation. Brittany Wallman, Sun-Sentinel.com, 25 Sep. 2017
Brittany Wallman, Sun-Sentinel.com, 27 Sep. 2017 For the owner of a $260,000 house that's a primary residence and protected by state homestead laws, the value for tax purposes would increase only 2.1 percent, and $50,000 in value would be exempt from taxation. Brittany Wallman, Sun-Sentinel.com, 25 Sep. 2017 Word History
First Known Use
1847, in the meaning defined at sense 1