Declaration of Homestead for Homes Owned by Natural Persons - Massachusetts

Declaration of Homestead for Homes Owned by Natural Persons is a legal document that was released by the Secretary of the Commonwealth of Massachusetts - a government authority operating within Massachusetts.

FAQ

Q: What is a Declaration of Homestead?
A: A Declaration of Homestead is a legal document that protects the equity in a person's primary residence.

Q: Who can file a Declaration of Homestead?
A: Any natural person who owns a home in Massachusetts can file a Declaration of Homestead.

Q: What does a Declaration of Homestead do?
A: A Declaration of Homestead protects the home from certain creditors and can help prevent forced sale of the property to satisfy debts.

Q: Is a Declaration of Homestead required in Massachusetts?
A: No, a Declaration of Homestead is not required by law, but it is highly recommended to protect the equity in your home.

Q: How long does a Declaration of Homestead last?
A: A Declaration of Homestead is valid for as long as the homesteaded property is the primary residence of the homeowner.

Q: How can I file a Declaration of Homestead?
A: You can file a Declaration of Homestead with the Registry of Deeds in the county where your homesteaded property is located.

Q: Is there a fee to file a Declaration of Homestead?
A: Yes, there is a small fee to file a Declaration of Homestead.

Q: Can I file a Declaration of Homestead after a judgment has been entered against me?
A: Yes, you can still file a Declaration of Homestead after a judgment has been entered against you, but it may not protect you from that specific debt.

Q: Can I remove a Declaration of Homestead?
A: Yes, you can remove a Declaration of Homestead by filing a revocation with the Registry of Deeds.

Q: Can a Declaration of Homestead protect my home from foreclosure?
A: No, a Declaration of Homestead does not protect your home from foreclosure by a mortgage lender.