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Daily Archives for: March 16th, 2016

Real Estate in MA: Homestead

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.

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