Meaning of homestead law

home'stead law"

Pronunciation: [key]
  1. any law exempting homesteads from seizure or sale for debt.
  2. any law making public lands available to settlers to be used as farms.
  3. any of various state laws granting special property tax exemptions or other privileges to homesteaders.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.