A Florida resident owns a one-acre parcel of land located entirely within the city limits of Miami. The resident's home is situated on the property, which they claim as their homestead for creditor protection purposes. A creditor obtains a judgment against the resident for an unpaid credit card debt. Which of the following accurately describes the extent of homestead protection the resident has from this judgment creditor?
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A
The entire one-acre parcel is exempt because the home is located on it.
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B
Only one-half acre of the contiguous land, including the residence, is exempt from forced sale.
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C
The property is not protected because homestead protection does not apply to debts incurred within a municipality.
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D
Protection is limited to a monetary value of $50,000, regardless of the acreage.