RSA 12D-7.010

Current through Reg. 50, No. 100; May 21, 2024
Section 12D-7.010 - Homestead Exemptions - Remainders
(1) A future estate, whether vested or contingent, will not support a claim for homestead exemption during the continuance of a prior estate. (Aetna Insurance Co. v. La Gassee, 223 So.2d 727 (Fla. 1969)).
(2) If the remainderman is in possession of the property during a prior estate, he must be claiming such right to possession under the prior estate and not by virtue of his own title; it must be presumed that the right granted under the life estate is something less than real property and incapable of supporting a claim for homestead exemption.

RSA 12D-7.010

Rulemaking Authority RSA 195.027(1), RSA 213.06(1) FS. Law Implemented RSA 196.001, RSA 196.031, RSA 196.041 FS.
New 10-12-76, Formerly 12D-7.10.