Having a homestead classification may qualify your property for a Homestead Market Value Exclusion or one of the following:
You may only have one homestead per married couple in the state of Minnesota. Homesteads are administered by counties.
field_block:node:page:field_paragraphTo qualify for a homestead, you must:
Qualifying property includes all property used as a residence, including:
Apply to your county assessor by December 31 to qualify for taxes payable the next year.
You must provide the Social Security Number or Individual Taxpayer Identification Number for:
Once granted homestead classification, you do not need to reapply. The county assessor may at any time ask you to submit an additional application or provide other documentation to verify that you continue to meet the requirements for homestead classification.
You must notify the assessor within 30 days if you move, sell your property, your marital status changes, or occupancy of your spouse changes.
If you fail to notify the assessor within 30 days, the property may be subject to a penalty.
Some relatives may qualify for homestead classification.
Qualifying relatives for both residential and occupied agricultural homestead include: parents, grandparents, siblings, children, grandchildren, aunts, uncles, nieces, and nephews of the owner or of the spouse of the owner.
For unoccupied agricultural homestead qualifications, see Special Agricultural Homestead.
Submit relative homestead applications to the county assessor in the county where the property is located.
Relative homesteads do not qualify for a property tax refund.
Property held under a trust may also qualify for homestead if occupied by a grantor or qualifying relative of the grantor of the trust. For more information, contact your county assessor.