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TITLE INS. CO., ETC. v. AGORA LEASES, INC.

No. 81-438.

320 N.W.2d 884 (1982)

TITLE INSURANCE COMPANY OF MINNESOTA, John R. Lugar, and Bonnie L. Lugar, Respondents, v. AGORA LEASES, INC., Appellant.

Supreme Court of Minnesota.

June 25, 1982.

Attorney(s) appearing for the Case

Maun, Green, Hayes, Simon, Johanneson & Brehl, Richard D. Donohoo and Larry B. Guthrie, St. Paul, for appellant.

Levin & Rohleder, St. Paul, James C. Yecker, Minneapolis, for respondents.

Considered and decided by the court en banc without oral argument.

AMDAHL, Chief Justice.

Defendant Agora Leases, Inc., appeals from a judgment declaring certain real estate and the proceeds from its sale free from a judgment lien under the homestead exemption statutes. Minn.Stat. §§ 510.01-.09 (1980). The crucial issue is whether the statutory exemption extends to lands in excess of the defined land area limits in a situation in which the excess has no direct value to the judgment creditor. We conclude that the statute...

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