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Homesteading is a lifestyle of self-sufficiency. It is characterized by subsistence agriculture, home preservation of food, and it may or may not also involve the small scale production of textiles, clothing, and craftwork for household use or sale. Pursued in different ways around the worldâand in different historical erasâhomesteading is generally differentiated from rural village or commune living by isolation of the homestead. Use of the term in the United States dates back to the ...
Homestead exemption. The homestead exemption is a legal regime designed to protect the value of the homes of residents from property taxes, creditors, and circumstances arising from the death of the homeowner spouse. Laws are found in state statutes or constitutional provisions which exist in many states in the United States.