Florida homestead property is protected from forced sale by creditors in all of the following situations EXCEPT:
Correct Answer
A) Unpaid property taxes on the homestead property
Correct: Property taxes are an exception to homestead protection and can result in forced sale for non-payment. B is incorrect because credit card debt cannot force homestead sale. C is incorrect because medical debt is protected against under homestead exemption. D is incorrect because unsecured loans cannot force homestead sale.
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Previous Question
Tom owns a $2 million mansion in Palm Beach that he purchased with proceeds from a Ponzi scheme. He declares bankruptcy and claims homestead exemption. The bankruptcy trustee challenges the exemption. What is the most likely outcome?
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Lisa, a widow with two minor children, dies owning homestead property in Tampa. Her will leaves the property to her sister instead of her children. What happens to the property under Florida law?