Legal Question in Real Estate Law in Nevada
homestead
Is it possibly to file a homestead
agreement on an investment property in
which you do not currently reside??
Asked on 1/19/07, 3:33 pm
1 Answer from Attorneys
Jeffrey Cogan
Law Offices of Jeffrey A. Cogan, Chartered
Re: homestead
You can file the homestead but if you get sued and they try to take away the house, you must be living in the house to get the protection. However, a lot of attorneys will see the homestead and might not file the lawsuit because they see the homestead so it is a cheap asset protection tool.
Answered on 1/20/07, 3:16 pm
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