{"iri":"https://folio.openlegalstandard.org/R9xcilcYTdYs5jsLtOtzwqe","label":"Homestead Exemption","sub_class_of":["https://folio.openlegalstandard.org/RBuPVAcB52MFzxOD0Ov56jq"],"parent_class_of":[],"is_defined_by":null,"see_also":["https://folio.openlegalstandard.org/RDzGV0uU52QEYp4H0g4bOBP","https://folio.openlegalstandard.org/RUhSbbDJZa8Crs3tIWcIfV","https://folio.openlegalstandard.org/RjKL1UdfWL1FCPVhnbIFSF"],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{"es-es":"Hacienda","de-de":"Hofstelle","en-gb":"Homestead","pt-br":"Propriedade rural","es-mx":"Rancho","fr-fr":"Terre de colonisation","he-il":"חוות נופש","hi-in":"होमस्टेड","ja-jp":"ホームステッド","zh-cn":"农场"},"hidden_label":null,"definition":"In a homestead exemption, a property is protected from being sold to pay off debts in a bankruptcy case, as it is considered essential for the debtor's basic needs and livelihood.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}