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15 St. Mary's L.J. 603 (1983-1984)
Perspectives on Urban Homestead Exemptions - Texas Amends Articles XVI, Section 51

handle is hein.journals/stmlj15 and id is 613 raw text is: Perspectives on Urban Homestead Exemptions-Texas Amends Article XVI, Section 51 Julie B. Schroeder I. Introduction ................................................. 603 II. Background on Homestead Exemptions ...................... 606 A. Historical Considerations ............................... 606 B. Contemporary Considerations ........................... 608 1. General Reasons for Exemptions .................... 608 2. Value Limitation Exemptions ........................ 610 3. Area Limitation Exemptions ......................... 611 4. Arguments Against Homestead Exemptions .......... 613 III. Elements of Texas Urban Homestead Exemption ............ 614 A. Historical Background .................................. 614 B. Texas Urban Exemption ................................ 616 1. In G eneral .......................................... 616 2. Determining Value Under Prior Law ................ 618 3. Implementation of New Exemption .................. 620 4. Analysis of New Exemption ......................... 622 IV. Retroactivity of the New Amendment ........................ 625 A. Retroactivity in General ................................ 625 B. Early Texas View of Retroactivity ....................... 626 C. Retroactivity and Its Effects on Creditors ................ 628 1. Texas Law ......... ........................ 628 2. Alternative Approach ................................ 629 D. Retroactivity and Its Effects on Homesteaders ........... 631 V . C onclusion .................................................. 634 I. INTRODUCTION On November 8, 1983, Texas voters cast their ballots in favor of a new amendment to article XVI, section 51 of the Texas Constitution.' The im- 1. See TEx. CONST. art. XVI, § 51. This section provides: [Tihe homestead in a city, town or village, shall consist of lot or lots amounting to not more than one acre of land, together with any improvements on the land; provided, that the same shall be used for the purposes of a home, or as a place to exercise the calling or business of the homestead claimant. . ..

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