Property Ownership
The Tennessee homestead exemption protects a homeowner's principal residence from forced sale by creditors up to:
A$2,500
B$5,000✓ Correct
C$10,000
D$25,000
Explanation
Tennessee's homestead exemption protects up to $5,000 of equity in a principal residence (or $7,500 for joint owners) from forced sale to satisfy most creditor claims. This is one of the lower homestead exemptions among U.
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