MSU Extension releases updated MontGuide about filing homestead declaration to protect value of home

Montana State University Extension has an updated MontGuide about filing a homestead declaration and the benefits it gives homeowners.

Montana defines a homestead as a house a person lives in and the land on which it sits. A mobile home or manufactured home where the owners do not own the land is also considered a homestead. The property must be a person’s primary residence to be eligible for a homestead declaration, explained Marsha Goetting, MSU Extension family economics specialist.

By signing and filing a homestead declaration, Montanans can protect their property up to $350,000 in value a...