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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 ...
Answer: Declaration of Homestead and a Homeowners Exemption are different legal documents with different functions. Both can be used on a deed-restricted property located in a common interest development.