### Question
What is the definition of homestead property?


### Answer
The definition of **homestead property** is as follows in *7 U.S.C. § 2000*:

> the principal residence and adjoining property possessed and occupied by a borrower-owner specified in paragraph (2) of this subsection, including a reasonable number of farm outbuildings located on the adjoining land that are useful to the occupants of the homestead, and no more than 10 acres of adjoining land that is used to maintain the family of the individual

#### Citation:
  - *7 U.S.C. § 2000*
  - Heading: **CHAPTER 49-CONSULTATION ON AGRICULTURAL PROGRAMS > SUBCHAPTER IV-ADMINISTRATIVE PROVISIONS**

