2001 Minnesota Statutes

     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. 

    HIST: (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