Increases the exemption amount for Missouri homesteads from execution and attachment to $50,000.
Missouri HB2200 modifies the exemption amount for homesteads from execution and attachment to $50,000. This change applies to the dwelling house, appurtenances, and the land used in connection with it. The exemption is limited to one owner per homestead, but if multiple owners claim an exemption, the total cannot exceed $50,000. The bill also ensures that spouses can jointly convey or mortgage the homestead.
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