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

双语律师李黎，国际知名法学院法律专业，擅长翻译各类与消费者金融诉讼相关的法律文件。