Homestead exemptions

To the Editor:

I recently stayed in Bar Harbor and read the editorial/opinion/discussion piece in the Islander about people turning their homes into unregistered bed-and-breakfasts. I believe the article should have discussed additional points.

If you rent out part of the house, do you lose the homestead exemption because it’s commercial property?

If your mortgage is for a residence and you rent it, does this cause the mortgage’s total sum to become due in violation of its terms?

If there is fire or injury, does a dwelling insurance policy cover it or not?

Does the tax assessor have a duty to search the internet to see what properties are rental properties and change the assessment?

Is a crime being committed by erroneously continuing to claim homestead exemption?

See you next summer.

Ralph E. Ericksson

Longwood, Fla.

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