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Chapter 510
Section 510.02
Recent History
- 2013 Subd. 1 Amended 2013 c 135 art 2 s 8
- 2007 510.02 Amended 2007 c 106 s 11
- 2007 510.02 Amended 2007 c 105 s 2
This is an historical version of this statute chapter. Also view the most recent published version.
510.02 AREA AND VALUE; HOW LIMITED.
The homestead may include any quantity of land not exceeding 160 acres, and not included
in the laid out or platted portion of any city. If the homestead is within the laid out or platted
portion of a city, its area must not exceed one-half of an acre. The value of the homestead
exemption, whether the exemption is claimed jointly or individually, may not exceed $200,000 or,
if the homestead is used primarily for agricultural purposes, $500,000, exclusive of the limitations
set forth in section 510.05.
History: (8337) RL s 3453; 1907 c 335 s 1; 1969 c 414 s 1; 1973 c 123 art 5 s 7; 1986 c
398 art 16 s 1; 1993 c 79 s 2
The homestead may include any quantity of land not exceeding 160 acres, and not included
in the laid out or platted portion of any city. If the homestead is within the laid out or platted
portion of a city, its area must not exceed one-half of an acre. The value of the homestead
exemption, whether the exemption is claimed jointly or individually, may not exceed $200,000 or,
if the homestead is used primarily for agricultural purposes, $500,000, exclusive of the limitations
set forth in section 510.05.
History: (8337) RL s 3453; 1907 c 335 s 1; 1969 c 414 s 1; 1973 c 123 art 5 s 7; 1986 c
398 art 16 s 1; 1993 c 79 s 2
Official Publication of the State of Minnesota
Revisor of Statutes