Real Estate in MA: Homestead
Posted: Wednesday, March 16, 2016
In Massachusetts, the amount of your real estate homestead exemption depends on whether it is “automatic” or “declared:”
Automatic. All homeowners in Massachusetts are entitled to an “automatic homestead exemption” of $125,000. Homeowners in Massachusetts do not have to record a declaration to take advantage of the automatic homestead exemption.
Declared.