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NEWS & RESOURCES

March 8, 2021 | HON. CATHERINE BAUER (RET.)

New Homestead Exemptions, Personal Guarantees: Time to Negotiate?

As of Jan. 1, the California homestead exemptions have changed significantly. Section 704.730 of the Code of Civil Procedure increased the homestead exemption to at least $300,000, and as much as $600,000 (depending on the county’s median home prices).

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