Minnesota state law provides for a reduction to the general property tax for certain property that is occupied as a person's primary place of residence. These properties fall under the homestead classification.
A person may claim only one homestead.
Who Can Apply?
To qualify for the owner-occupied or relative homestead classification, you must:
Be a Minnesota resident (if the property is the primary residence of a qualifying relative of an owner, it is not necessary for the owner to be a Minnesota resident)
Have an ownership interest in the property, or be a qualifying relative of at least one of the owners
Occupy the property as your primary place of residence
The property must be owned and occupied by you (or a qualifying relative) on or before December 1st of the assessment year and the application must be received by the Assessor's office by December 15th.