Minnesota

For Minnesota, homestead exemption is may not exceed $510,000 or, if the homestead is used primarily for agricultural purposes, $1,275,000; area limit is any quantity of land not exceeding 160 acres; how the figure is kept current is The dollar amounts in subdivision 1 must change periodically in the manner provided for under section 550.37, subdivision 4a; statute is 510.02, verified against its source on 2026-08-29.

Values marked our reading are our classification of what the source says — the source does not print them in those words. The quote below is the evidence for each one; judge it yourself.

What the source says

The homestead may include any quantity of land not exceeding 160 acres. The exemption per homestead, whether the exemption is claimed by one or more debtors, may not exceed $510,000 or, if the homestead is used primarily for agricultural purposes, $1,275,000, exclusive of the limitations set forth in section 510.05 . § Subd. 2.Adjustment of dollar amounts. The dollar amounts in subdivision 1 must change periodically in the manner provided for under section 550.37, subdivision 4a . The commissioner of commerce shall include the changes in the dollar amounts as part of the announcement and publication made under those provisions. 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 ; 2007 c 105 s 2 ; 2007 c 106 s 11 ; 2013 c 135 art 2 s 8 Official Publication of the State of Minnesota Revisor of Statutes About the Legi

— revisor.mn.gov, retrieved 2026-08-29

Source

• revisor.mn.govhttps://www.revisor.mn.gov/statutes/cite/510.02

Last verified against source: 2026-08-29. Due for re-check by 2027-02-25. This page as Markdown · OKF bundle · full dataset as JSON.