Homestead Declaration free printable template

CalDocs Inc. http //www. CalDocs. com 1114B Montgomery Street San Francisco CA 94133 City and County of San Francisco LDA 2010-0000047 Expires 03-31-2012 877 404-DOCS FREE CALIFORNIA HOMESTEAD DECLARATION Attached is a free Homestead Declaration Adobe PDF Fill-In Form for use in California. The Homestead Declaration is provided as a free public service without warranty. Thus a Homestead Declaration does not usually protect against a foreclosure action initiated by a lender. You will need to...sign the forms and have them notarized. To file simply record the Homestead Declaration with the county recorder s office. 1 CCP 704. 730 a 1 Recording Requested by When recorded mail to SPACE ABOVE THIS LINE FOR RECORDER USE ONLY HOMESTEAD DECLARATION CCP 704. Is a Homestead Declaration the same as a Revocable Living Trust Declaration is designed to protect a person s equity in their home against certain types of claims. How do I file a Declared Homestead If you want a Homestead Declaration on...your property you can do it yourself. Fill-out the form provided below using information which should be available from the deed you received when you purchased the property. It is preferable to file a be filed against the property a lawsuit judgment is normally required. Thus there is usually plenty of notice and a Homestead Declaration can be filed even at the last minute. A Homestead can be either automatic or declared. The State of California provides for an automatic Homestead but it may...still be wise to record a Declaration of Homestead with the County Recorder s office. If you have any questions regarding the use of this form you should contact a licensed California attorney. NOTE This form is designed to be executed by a declared homestead owner or spouse. Additional language is required by law if it is executed by a guardian or conservator of the person or the estate of a declared homestead owner or a person acting under a power of attorney or otherwise authorized to act for...a declared homestead owner or spouse. Given the current housing and foreclosure crisis it is not surprising that many people are interested in attempting to illegally capitalize from confusion over California s Homestead laws. If someone wins a money judgment against you in court the person or entity that won the judgment against you may try to collect the monetary damages by garnishing your wages bank accounts or having your home or other property sold to pay off the judgment. Automatic...Homestead Every homeowner has an automatic Homestead exemption of at least 50 000 for their residence. 2 For example when a homeowner lives with their minor children the exemption may be increased to 75 000. The exemption rises to 150 000 when a homeowner is 65 years or older or is physically or mentally disabled* 3 The 150 000 exemption also applies to persons 55 years of age and older if that person is single and has a gross annual income of 15 000 or less. The same 150 000 exemption amount...applies to married homeowners that have a combined annual income of 20 000 or less and the property sale is involuntary.