homestead

6 definitions • 2 examples

a house and the surrounding area of land, usually used as a farm

in the past, land given by the government for farming

in the past, to build a house and grow crops on land given by the government

a house and the surrounding area of land, esp. land obtained from the government which is lived on and used for farming

property that is your permanent home and not a second home or property that you rent to someone else:

In some states your homestead can't be touched by creditors - no matter when it was purchased.

a house and the surrounding area of land, usually used as a farm:

Developers are on the verge of taking over the family homestead.