/ˈhoʊmˌstɛd raɪt/ – Phrase
Definition: quyền được miễn khấu trừ nợ đối với tài sản gia đình.
A more thorough explanation: A homestead right refers to a legal provision that protects a person’s primary residence from being seized or forced to be sold to meet the demands of creditors, except in certain circumstances such as non-payment of mortgage or property taxes. This right is intended to provide individuals and families with a secure place to live and is often governed by state laws.
Example: The homestead right allows individuals to protect their primary residence from being seized by creditors in certain situations.
