business homestead

The premises on which a family’s business is located.

• In some states, business homesteads are exempt from execution or judicial sale for most kinds of debt. [Cases: Homestead 36.]

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词条贡献者

资深译员Jenny，国内名牌大学法律英语专业，专注翻译各种与重组、破产及重整有关的法律文件。