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Video Guide on Minnesota Real Estate Deed Forms management

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Commonly Asked Questions about Minnesota Real Estate Deed Forms

Current Owner and New Owner Information. A Minnesota deed must include the names of the current owner (the grantor) signing the deed and the new owner (the grantee) receiving title to the property. Deeds customarily state each partys address and marital status.
A gift deed, or deed of gift, is a legal document voluntarily transferring title to real property from one party (the grantor or donor) to another (the grantee or donee). A gift deed typically transfers real property between family or close friends.
When committing to a general warranty deed, the seller is promising there are no liens against the property, and if there were, the seller would compensate the buyer for those claims. Mainly for this reason, general warranty deeds are the most commonly used type of deed in real estate sales.
To get title to the property after your death, the beneficiary must record the following documents in the county where the property is located: (1) an affidavit of identity and survivorship, (2) a certified death certificate, and (3) a clearance certificate (showing that the county will not seek reimbursement for
If the deed is ever lost or misplaced, you can obtain a copy of the deed from the county recorders office. If only a copy of the deed is needed, the county will charge you for the cost of the copyusually about $1 per page.
The deed tax rate in Minnesota is 0.33% of the net consideration, i.e. the price that was paid for the property in question. So for the average home that costs $340,688, you would pay $1,124 in transfer taxes.
Recorder Registrar of Titles Property owners may request a free electronic copy of their deed and certificate of title without the need for a paid subscription by emailing us at recordsrequest@hennepin.us.