To qualify for a homestead, you must: Own a property, Occupy the property as your sole or primary residence, Be a Minnesota resident. A homestead exemption can benefit homeowners if one spouse in a twoincome household dies.Homestead status can save you money on your property taxes. Individual taxpayer identification numbers now qualify property owners for homestead exclusion. Complete all questions on the form. Be a Minnesota resident. To apply for the residential homestead classification, you must: Complete a manufactured homestead application (PDF). This can provide asset protection from creditors for at least some of house's value. A homestead exemption can block the forced sale of a primary residence and provide tax relief for surviving spouses. Minnesota Avenue, Glenwood, MN 56334.
