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A general warranty deed is used to transfer an interest in real estate in Minnesota in most real estate transactions. A Minnesota warranty deed conveys real property with warranty covenants to the buyer. It requires an acknowledgement of the grantors signature.
If you are the owner of the property you may obtain a copy for free by calling 612-348-5139. If you are not the owner of the property, a Torrens Certificate is available for fee.
The deed tax is a transfer tax. It is imposed on the value of real property transferred. The deed tax rate is 0.33 percent of net consideration (i.e., the price paid for the real property).
The General Warranty Deed A general warranty deed provides the highest level of protection for the buyer because it includes docHub covenants or warranties conveyed by the grantor to the grantee.
Minnesota charges a flat fee of $46.00 to record a deed. A deed that cross-references more than four other recorded documents requires an additional $10.00 fee for each document referenced over four. A deed that requires a well disclosure certificate requires an additional $50.00 fee for filing the well disclosure.
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What Is the Cost to File a Minnesota Deed? Minnesota charges a flat fee of $46.00 to record a deed.
Putting someone on the property deeds broadly involves changing the registered ownership of the property (e.g. transferring it into a family members sole name, or adding the spouse as a joint owner) with the land registry.
General warranty deeds give the grantee the most protection, special warranty deeds give the grantee more limited protection, and a quitclaim deed gives the grantee the least protection under the law.
The buyer, or grantee, of a property benefits the most from obtaining a warranty deed. Through the recording of a warranty deed, the seller is providing assurances to the buyer should anything unexpected happen.
A general warranty deed is the most common type of warranty deed in the United States. It offers the highest level of protection to the buyer because it guarantees that there are absolutely no problems with the home even dating back to prior property owners.

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