![]() The application review process can take one week to three months, depending on the complexity of the application. See Minnesota Statute § 272.02 for the longer list of exemptions.įirst-time applications should be filed as soon as possible after a property is acquired by a potential exempt organization. Qualified exempt organizations will need to acquire a property and use it for exempt purposes prior to July 1 of the current year in order for the property to be exempt from the next year's payable taxes. There are many other exempt property types also, besides those listed above.Qualifying wetlands or native prairie lands.Certain kinds of personal property, including in most cases property that creates energy, enables commerce, or conserves nature. ![]()
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