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Vermont · Through 2025 session

27 V.S.A. § 102: Designating homestead in case of levy

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Where this section sits in the code
  1. Title 27: Property
  2. Chapter 003: Estates of Homestead
  3. Subchapter 001: GENERAL PROVISIONS

When an execution is levied upon real estate of the person of which a homestead is a part or upon that part of a homestead in excess of the limitation of $125,000.00 in value, that person may designate and choose the part thereof, not exceeding the limited value, to which the exemption created in section 101 of this title shall apply. Upon designation and choice or refusal to designate or choose, the officer levying the execution, if the parties fail to agree upon appraisers, shall appoint three disinterested freeholders of the vicinity who shall be sworn by him or her and who shall fix the location and boundaries of the homestead to the amount of $125,000.00 in value. The officer shall then proceed with the sale of the residue of the real estate on the execution as in other cases, and the doings in respect to the homestead shall be stated in the return upon the execution.

Collected 2026-09-05T17:17:08Z. Source file · JSON

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