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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 transfer on death deed must comply with all provisions of Minnesota law applicable to deeds of real property including, but not limited to, the provisions of sections 507.02, 507.24, 507.34, 508.48, and 508A.
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.
The buyer is required to pay a sales premium of 5 %. Deed Tax Basis: $ 525,000. Real property is sold for a purchase price of $ 150,000.
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.
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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).
8. Recording requirements and authorization. A transfer on death deed is valid if the deed is recorded in a county in which at least a part of the real property described in the deed is located and is recorded before the death of the grantor owner upon whose death the conveyance or transfer is effective.
A transfer on death deed must comply with all provisions of Minnesota law applicable to deeds of real property including, but not limited to, the provisions of sections 507.02, 507.24, 507.34, 508.48, and 508A.
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.
Limited Warranty Deeds Conveys all right, title, and interest of the grantor in the real estate. Warrants that the grantor has not created or allowed any liens, encumbrances, or defects to attach to the real property, except as disclosed to the grantee. May or may not convey after-acquired property.

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