Property Ownership
In Michigan, a 'homestead' declaration provides a homeowner with protection from:
AAll creditors, including mortgage lenders
BForced sale of the principal residence to satisfy certain unsecured creditor judgments, up to the homestead exemption amount✓ Correct
CProperty tax increases
DEnvironmental liens
Explanation
Michigan's homestead exemption (Const. Art. 10, Sec. 3) protects the homeowner's principal residence from forced sale by unsecured creditors (up to certain limits), though it does not protect against mortgage lenders, mechanics' liens, or tax liens.
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