Pinnacle Business Management (Prev SRCI)

[Dancing in the dark]

ah yup ...

the Florida Constitution provides homestead property with a shield of protection against third party creditors. Under Florida law, homestead property is immune from any judgments, liens or claims of third parties. The only exemption is if a property owner affirmatively pledges his or her homestead property as security such as a mortgage or improving the property and thereby subjecting the property to the construction lien law. Even after a property is sold, if there are judgment liens against the property owner provided the homestead proceeds are reinvested in another homestead property, they are again immune from third party claims.