The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

EXEMPT PROPERTY Definition & Legal Meaning

Definition & Citations:

Property not subject to some action or ruling, law, tax, or obligation. Typically means that it is free from forfeiture or seizure. Items needed to do work, including an automobile, and to live a normal life, like a house, are usually exempted by a court.

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