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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: When homestead rights apply. Posted by Ward-CA- on September 27, 2001 at 5:33 PM In Reply to: homestead posted by Mike on September 27, 2001 at 10:53 AM : During my research I have come across a document called a "Homestead declaration". What is the significance of filing this document and how does it affect the liability of the property owner, the rights of the beneficiary of a trust deed, or the rights of a successful bidder at a trustee auction? : During my research I have come across a document called a "Homestead declaration". What is the significance of filing this document and how does it affect the liability of the property owner, the rights of the beneficiary of a trust deed, or the rights of a successful bidder at a trustee auction? =•=•=•=•=•=•=•=•=•=•=•=•=• Mike, in most states a homestead filing protects a homeowner’s equity from the judicial foreclosure of an involuntary lien.— a lien that attaches against the homeowner’s title by operation of law (see link below). It does nothing to impair any rights of a beneficiary under a trust deed or those rights of a new owner-by-trustee’s sale. Foreclosure Glossary Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : During my research I have come across a document called a "Homestead declaration". What is the significance of filing this document and how does it affect the liability of the property owner, the rights of the beneficiary of a trust deed, or the rights of a successful bidder at a trustee auction? : : During my research I have come across a document called a "Homestead declaration". What is the significance of filing this document and how does it affect the liability of the property owner, the rights of the beneficiary of a trust deed, or the rights of a successful bidder at a trustee auction? : =•=•=•=•=•=•=•=•=•=•=•=•=• : Mike, in most states a homestead filing protects a homeowner’s equity from the judicial foreclosure of an involuntary lien.— a lien that attaches against the homeowner’s title by operation of law (see link below). It does nothing to impair any rights of a beneficiary under a trust deed or those rights of a new owner-by-trustee’s sale. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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