CA’s new homestead exemption


Anita Starchman-BryantOn Sept. 15, 2020, Gov. Gavin Newsom signed Assembly Bill 1885 into law, substantially increasing the “homestead exemption” for personal residences throughout California, effective Jan. 1 of this year. The statute can be found at California Code of Civil Procedure Section 704.730.
Your “homestead” is defined as your principal dwelling in which you reside. The definition of dwelling includes a house, a mobile home, a condominium and even a boat or other waterborne vessel. A ...

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