Filing Means Test Exemptions Courts Forms
- Bankruptcy Lawyers Serving Modoc County, CA - (Lawyers)
- Bankruptcy & the Coronavirus Recession - (COVID-19)
News
- Bankruptcy News - (News)
Ads by Google
California's New $600,000 Homestead Exemption for 2021

California's New $600,000 Homestead Exemption for 2021

If there's changes in California’s exemptions, here's where you'll find out about them.
Ads by Google
Ads by Google
 

Updated: 2020-07-27 by

2021

Homestead

California has raised its homestead exemption, effective January 1, 2021, from $75,000 under existing law, to up to $600,000, for most Californians in urban areas.

In more rural counties the exemption may only be as much as $300,000.

The actual amount depends on the median sales price of a home in your county in the preceding calendar year, but can't be more than $600,000 or less than $300,000. 

Most California counties in urban areas have median home prices that are above $600,000 for the past several years. The actual amounts for 2021 for each county will not be known until the end of 2020.

 

 
Ads by Google
Ads by Google