$15.95

Add to cart

Arkansas e entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. NOTARY SIGNATURE NOTARY SEAL (Name of Notary) the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or th__, personally appeared _________________________________________ personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to knowledge. Dated_________________ Signed__________________________________ State of Arkansas County of __________________ } ss. On ____________ before me, _______________________________________y principal dwelling, and I reside in this property on the date that the homestead declaration is recorded. 4. The facts stated in this homestead declaration are known to be true as of my own personal_____________, State of Arkansas, and more particularly described as follows (give complete legal description): 2. I claim this property and the dwelling thereon as a homestead. 3. This property is mof the following property located at the address of ____________________ __________________________________________________________, in the City of ______________________, and County of ______________________________________ City State and Zip ) ) ) ) ) ) ) ) ) ) ) HOMESTEAD DECLARATION I, _____________________________________, do hereby certify and declare the following: 1. That I am the owner ­Single (Instructions) 2 Recording Request By and When Recorded Mail To _____________________________________________ Name _____________________________________________ Address _____________________n your local telephone directory. One Self-Addressed Stamped Envelopes. You will need this because you will be asking the clerk to return a copy of the recorded Declaration. Declaration of Homestead tion Fees. You will need to include a check for the recording fee. To get the specific amount of the recording fee you can contact your County Recorder. You can find its address and telephone number iecord the Declaration and mail back it back to you (in the self-addressed stamped envelope you've enclosed). You will need to include the following items: Forms. The original and a copy of the Declara. Mail ­If you choose to mail your Declaration to the County Recorder you will need to begin with a cover letter explaining what you have included and what you need done. You will want the clerk to ric amount of the recording fee Declaration of Homestead ­Single (Instructions) 1 you can contact your County Recorder. You can find its address and telephone number in you local telephone directorythe clerk you want to record a Declaration of Homestead. The clerk will help you from here. Fees. You will need to pay the clerk the amount of the recording fee, probably around $10. To get the specifto wait for delivery. You can take the form to your County Recorder. You will need to bring in the original and two copies (just to be safe) of your completed and notarized Declaration. You will tell rt and for your personal records. Step 5: Recording. You can either record the Declaration in person or by mail. In Person ­Recording your Declaration in person will be quicker because you won't have tion with you (e.g. social security card, driver license, passport, etc.). Step 4: Copies. You should make at least two copies of your completed forms in case additional copies are required by the cou by the notary. B. RECORDING THE DECLARATION Step 3: Notary Acknowledgement. Take the form to a Notary Public, you can find one in your telephone directory or at local bank. Take personal identifica address alone. Signature and Date. You will need to have this form notarized, so wait to sign it until you are in front of the notary. Notarization. Don't bother filling this in, it will be completedsked to give a legal description of the dwelling. Don't panic, this description can be taken off the deed to the property. If you do not have this description, the court will often accept the completeons for the trickier sections of the form: Return Address. In the upper right hand corner, insert the address you would like the Declaration mailed to once it is recorded. Legal Description. You are aneed to read these instructions as well as the instructions contained in the form carefully. Step 2: Completing the form. Insert the appropriate information in the form. Below are additional instructirney should be consulted for all serious legal matters. INSTRUCTIONS ARKANSAS DECLARATION OF HOMESTEAD--SINGLE A. GETTING STARTED ­ COMPLETING THE FORMS Step 1: Read the Instructions Carefully. You ruption) however caused and on any theory of liability, whether in contract, strict liability, or tort (including negligence or otherwise) arising in any way out of the use of these materials. An attodirect, indirect, incidental, special, exemplary, or consequential damages (including, but not limited to, procurement of substitute goods or services; loss of use, data, or profits; or business inters of any of the materials for your particular needs. The materials are used at your own risk. In no event will FindLegalForms, Inc, its agents, partners or affiliates be responsible or liable for any to the "Disclaimers and Terms of Use" found at findlegalforms.com. These materials are provided "AS-IS." We do not give any express or implied warranties of merchantability, suitability or completenesn incorrectly. Disclaimer No Attorney-Client relationship is created by use of these materials. FindLegalForms, Inc. does not provide legal advice. The purchase and use of these materials is subject out the forms manually and are not using a typewriter, use black ink and print as legibly and neatly as possible. The court may reject forms that are difficult to read or they may input the informatioeclaration; and (iii) The Declaration You can fill out the forms on the computer by entering the requested information in the appropriate spaces or you can fill them out manually. If you are filling ust reside in the dwelling at the time of the recording; and (iv) A resident of the state of Arkansas. Materials This packet contains: (i) Information for the Declaration; (ii) Instructions for the Dld read sections 16-66-210 to 16-66212 of the Arkansas Code. Requirements To use this packet you must be: (i) The owner of a dwelling (e.g. house, condo, etc.), not a renter; (ii) Single; (iii) You mration does not protect you from: (i) loans or debts secured by the dwelling, (ii) liens by contractors who put labor and materials into the dwelling, or (iii) tax liens. For more information you shouerrors inherent in filing a declaration only after a dispute arises, or in waiting for a court to survey and assign boundaries to your homestead in the absence of a declaration. Please note: the Decla your advantage to complete and record a declaration. This will ensure that your homestead is defined and recorded properly and completely, and will avoid the tight deadlines and potential for costly (rural) and ¼ acre (urban), without regard to value. While it is not required in the state of Arkansas that you file a declaration of your homestead in order to enjoy the exemption, it may still be to places a limit upon the size of the homestead itself. Exempt homesteads can be no larger than 160 acres in rural areas and 1 acre in urban areas. Further, the homestead may not be less than 80 acres s, you would still receive the amount of your exemption out of the proceeds of the sale. It is also worth noting that in addition to the limit on the value of the exemption, the state of Arkansas also a $100,000 home, and your mortgage is $98,000, a creditor would not be able to force a sale, as your equity ($2,000) is entirely covered by the exemption. Should a sale occur to satisfy your creditor a $70,000 mortgage (giving you $30,000 in equity), a creditor may be able to force a sale of the homestead and recoup $27,500 from the proceeds (your equity, minus the exemption. However, if you haveequity in your home. However, creditors may still be able to force a sale of your home if the equity in your home the amount of the exemption. For example, if your house is worth $100,000 and you have. The homestead law protects a certain amount of your equity in your home from being taken to pay the judgment. In Arkansas, homestead exemptions are limited in value, protecting up to $2500 worth of d you will receive a judgment from the court. If you do not pay the judgment, they can then try to collect the judgment by garnishing your wages, having your automobile sold or by having you home soldINFORMATION ARKANSAS DECLARATION OF HOMESTEAD--SINGLE Overview A homestead law helps to protect you from losing your home to creditors. If you are sued for money in court and lose, the person who sue Arkansas