Homestead classification is allowed upon farms of at least 40 acres where the owner does not live on the farm, but within four townships from the farm. The owner must actively farm the land, be a Minnesota resident, and may not be claiming another agricultural homestead in Minnesota. Persons engaged in "actively farming" must participate in:
Administration / management
Making day to day farming decisions
Profit and loss
An applicant is not required to own the residence where they live.
A new provision allows a homestead classification for an owner that does not live on the farm, is living within four townships from the farm, and is renting the land to their son or daughter who is actively farming the land.