Homestead Contact Information
For any questions regarding homestead please call 952-563-8723.
Who can receive this benefit?
If you own real estate property and you or a qualifying relative occupies the property you may apply for homestead status. You can only homestead one residential parcel (as your primary residence) in the State of MN.
What proof of ownership is required?
You must have a valid copy of one of these; warranty deed or contract for deed, quit-claim-deed, Co-op member certificate, Inheritance documents, etc. granting you title to the property as proof of property ownership. In order to be recognized as a valid deed, the deed must be registered with the Hennepin County Registrar of Deeds. You will also need to provide a copy of the Certificate of Real Estate Value.
What are the occupancy requirements?
You and all other owners must use the property as your main residence – or stated another way, you must live there. Temporary and token occupancy is not considered sufficient to receive a homestead classification.
The property may receive a fractional or partial homestead classification if more than one person owns the property and there are non-related co-owners who do not reside at the property.
Why Apply for Homestead?
- Provides a small monetary benefit off of property taxes (max benefit is $304 at a $76,000 value)
- You need to claim a homestead in order to qualify for Minnesota Property Tax Refund and Credit.
- If home goes into foreclosure, having the homestead claiming your primary domicile can provide home owner protections to keep house or stay in house longer.
When do I need to apply?
You should file the application as soon as possible after purchasing and moving into your home. If you purchase and occupy a non-homestead property before December 1st, and apply for homestead classification by December 15th, then the homestead credit will begin in that assessment year.
Once the homestead classification is approved, the homestead will remain on the property until the property's ownership changes, the occupancy changes or the property is sold.
Do I need an appointment to apply for homestead?
No appointment is necessary –“first come first serve”.
How long does it take to apply for homestead?
Typically, 5-10 minutes.
How often must I file for Homestead?
Once, unless any of the information on your original application has changed. Anytime ownership, occupancy, or martial status changes it requires a new homestead application. Some examples of this include putting your property into a trust or life estate, marriage, separation or divorce, name changes.
Relative homestead status must be verified every year. A homestead affidavit is sent to the property for the relative to complete every year, typically in August. The homestead status will be removed for the following year if the completed affidavit is not returned promptly to our office.
Will I receive a confirmation of my homestead application?
No. Check both your Truth in Taxation (TNT) and Value Notice to verify the homestead status or call with any questions throughout the process.
Do I have to apply for homestead in person?
My statement says that my taxes are non-homestead, yet I moved into the property?
Your payable tax statement for this year is based on how the property was valued and classified as of January 2 of last year. Please note; if you did not own and occupy the property by December 1st of last year, and the property was not homestead by the previous owner, the taxes payable this year will be at the non-homestead rate.
A very small number of properties may have property information that list conflicting homestead classification information. Some homestead or other classification database changes occur after the Proposed Tax Statements or Truth in Taxation notices were created but prior to calculation and printing of the Tax Statements which results in the tax amounts being different on the two documents. To check on the homestead status of your property you can call the City of Bloomington at 952-563-8723.
What happened to the Homestead Credit?
The Market Value Homestead Credit was eliminated by State of Minnesota representatives in their 2011 legislative sessions. HOWEVER, qualifying homeowners will still receive a tax benefit through the "Homestead Exclusion" implemented in its place.
The main difference between the "Credit" and the "Exclusion" is the way it's calculated. The Homestead application and qualifying process remain unchanged. Thus, new Homestead applicants will fill out the same Homestead application for the Exclusion as they would have for the Credit. If your property was already receiving the Credit before the legislative change, you do not need to re-apply for the Exclusion.
For more information on the change from Credit to Exclusion, please contact Minnesota Department of Revenue.
Why do I need to provide my SSN?
A Social Security Number is how the Department of Revenue tracks homesteads in Minnesota. Social Security numbers will be used to determine if owners or relatives of owners have been granted more than one homestead in the state. Per Minnesota state statute, you can only homestead one residential parcel (as your primary residence) in the State of MN.
What if I do not have an SSN?
A Social Security Number is how the Department of Revenue tracks homesteads in Minnesota. The only time a Tax Identification Number is accepted is if at least one of the owners applying for homestead has a Social Security Number and the other owners can provide their ITIN numbers. However if all of the current owners only have ITIN numbers they cannot be granted a homestead until one of them has a Social Security Number.
What if my Deed or eCRV information is inaccurate?
The resident should contact their title company or realtor and ask for an amended copy of the eCRV or Deed to keep for their records. We will accept the initial application on hold until the corrected information has been supplied to Homestead Staff.
Can manufactured homes receive homestead exemption?
Yes, only the owner (title holder)/occupant can apply.
Do "Life Estates" qualify for homestead?
Yes, as long as the life estate interest is shown on the deed and the holder of the life estate meets all the homestead requirements.
What about homesteading a property owned by a trust?
Most trusts can qualify for homestead. A Certificate of Trust or a copy of the trust must be provided along with a copy of the deed that conveys the property to the trust. Contact the City of Bloomington, (952) 563-8723 for more information.
Are there any "special" homestead classifications?
Yes, for people who are blind or permanently and totally disabled, Minnesota offers special homestead classifications.
The blind person and the blind person’s spouse, per MN Statutes, section 256D.35
A person who is permanently and totally disabled and the disabled person’s spouse as certified by a government or qualifying agency or income-providing source that the homestead occupant satisfies the disability requirements.
Another special program is the Market Value Exclusion on Homestead Property of Qualifying Disabled Veterans
The application for this valuation exclusion is not a substitute for a homestead application. The property must qualify for a homestead classification before being granted valuation exclusion under this program.
There are two levels of exclusion for disabled veterans:
- For veterans with "70 or more percent service-connected disability" a market exclusion of $150,000 is available on homestead property. This includes veterans with a 100% disability that is not considered permanent. Veterans in this category must reapply annually with the City of Bloomington Assessor’s Office. Veterans must apply by July 1st using Form CR-DVHE70 to the City of Bloomington Assessor's Office to be eligible for the reduced tax program for the next year's payable taxes.
- For veterans with "total (100 percent) and permanent service-connected disability", a market exclusion of $300,000 is available on homestead property. If the veteran is able to verify that they are considered totally and permanently disabled by the U.S. Veterans Administration, then they must apply by July 1st using Form CR-DVHE100 to the City of Bloomington Assessor’s Office to be eligible for the reduced tax program for the next year’s payable taxes. Once approved for the market value exclusion, totally and permanently disabled veterans do not need to reapply. The property will continue to qualify for market value exclusions until there is a change in ownership or use of the property. For veterans with total and permanent disability only, a surviving spouse can also continue to qualify under this provision so long as the surviving spouse owns the property and resides there, until the spouse sells, transfers, or otherwise disposes of the property.
Neither the Department of Revenue nor the City of Bloomington Assessor’s Office is responsible for determining disability status of veterans. Applicants requiring information concerning their discharge or disability status must work with their County Veterans Service Office or the Veterans Administration to receive this information from the V.A.
Do I need to tell anyone if I move or sell my house?
If at any time the property is sold, or you change your primary residence you are required to notify the assessor’s office in writing, within 30 days.
What will happen if I fail to comply with the homestead laws or file a false homestead?
Falsifying a homestead is punishable by imprisonment for not more than one year or payment of a fine of not more than $3,000, or both.
If the assessor is NOT notified within 30 days that the property has been sold or is no longer being used as a primary place of residence, the homestead status will be removed and penalties will be imposed.