Minnesota SF2772 modifies special agricultural homestead requirements, ensuring continued classification for certain properties.
Minnesota SF2772 amends the special agricultural homestead requirements, ensuring that certain agricultural properties retain their homestead classification despite changes. This includes properties affected by the August 2007 floods, the March 29, 1998, tornado, and the March 2009 floods. To qualify, properties must meet specific criteria such as being in certain counties, maintaining the same ownership, and being used for agricultural purposes. Owners must notify the county assessor of relocations due to natural disasters and provide necessary information.
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