Homestead Protection [Agriculture] Law and Legal Definition
According to 7 CFR 761.2 [Title 7 β Agriculture, Subtitle B - Regulations of the Department of Agriculture, Chapter VII - Farm Service Agency, Department of Agriculture, Subchapter D - Special Programs, Part 761 - General Program Administration, Subpart A - General Provisions], homestead protection is βthe previous owner's right to lease with an option to purchase the principal residence and up to 10 acres of adjoining land which secured an FLP direct loan.β
Legal Definition list
Related Legal Terms
- 30-Year Contract [Agriculture]
- Abandoned Security Property [Agriculture]
- Access Protection
- Actual Yield [Agriculture]
- Adam Walsh Child Protection and Safety Act
- Adequate Protection [Bankruptcy]
- Adjusted Yield [Agriculture]
- Advisory Committe of Department of Agriculture
- Agricultural Cooperative Agreement [Agriculture]
- Agriculture Acquisition Regulation [AGAR]