What is the primary purpose of homestead laws in Florida?

The primary purpose of homestead laws in Florida is to protect family homes from forced sale. These laws provide legal protections that ensure a person's primary residence cannot be seized by creditors in the event of bankruptcy or legal judgments against the homeowner. This protection is vital in safeguarding the financial stability and security of families, as it allows them to retain their home even during times of financial hardship.

Additionally, homestead laws also offer property tax benefits, which help lower the taxes owed by homeowners on their primary residence, contributing to financial protection as well. However, the primary focus remains on preventing the forced sale due to creditors, thus providing a critical safety net for families. This emphasis on protection from forced sale distinguishes homestead laws from other potential focuses like enhancing property value or increasing marketability.