Schwanz v. Teper

Two issues are presented upon this appeal:

1. Where a judgment has been entered declaring real estate exempt homestead under sec.' 272.20', Stats., does such judgment properly order the deposit of such proceeds with the clerk of court to be held “in escrow” for a period of two years subject to the purchase by the judgment debtor of a new homestead ?

2. Is rental income from a rented portion of a homestead exempt under the homestead exemption statute, sec. 272.20, Stats?

Proceeds from the sale of exempt homestead.

The trial court, by ordering the proceeds from the sale of the exempt homestead to…