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The Minnesota Deed form is an essential document for anyone involved in real estate transactions within the state. It serves as the official record of property ownership transfer, ensuring that the rights and responsibilities associated with a property are clearly defined. This form includes vital information such as the names of the buyer and seller, a legal description of the property, and the date of the transaction. It also outlines any specific conditions or covenants that may apply to the property. Understanding the nuances of the Minnesota Deed form can help both buyers and sellers navigate the complexities of property transfer, making the process smoother and more transparent. Whether you’re a first-time homebuyer or an experienced investor, grasping the key components of this form is crucial for protecting your interests and ensuring a successful transaction.
Form Example
Minnesota Deed Template
This document serves as a template for preparing a deed in the state of Minnesota, in accordance with the specific provisions set forth under the Minnesota Statutes. To complete this deed, provide the necessary information where blanks (_) are shown.
Preparation Statement
This document was prepared by ____________________ [Name of the individual or entity preparing the deed].
Grantor Information
Full Name(s) of Grantor(s): ____________________
Address: ____________________
County of Residence: ____________________
Grantee Information
Full Name(s) of Grantee(s): ____________________
Address: ____________________
County of Residence: ____________________
Property Information
Legal Description of the Property: ____________________
Property Address: ____________________
County where the Property is located: ____________________
Conveyance Terms
The Grantor(s) hereby convey and quitclaim to the Grantee(s) all rights, title, and interest in the above-described property, subject to the following terms:
- Taxes and assessments for the current year.
- Easements, restrictions, and reservations of record.
- Any other terms or conditions: ____________________
Consideration
The total consideration for this conveyance is $____________________.
Execution Date
This deed is executed on the ____ day of ____________, 20__.
Signatures
____________________ [Signature of Grantor]
____________________ [Signature of Grantee]
Acknowledgment
This section must be completed by a Notary Public.
State of Minnesota )
County of ________ )
On the ____ day of ____________, 20__, before me personally appeared ____________________, known to me (or satisfactorily proven) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged that they executed the same for the purposes therein contained.
In Witness Whereof, I hereunto set my hand and official seal.
____________________ [Notary Signature]
____________________ [Printed Name of Notary]
My Commission Expires: ______________
File Specs
| Fact Name | Description |
|---|---|
| Purpose | The Minnesota Deed form is used to transfer ownership of real property from one party to another. |
| Types of Deeds | Common types of deeds in Minnesota include Warranty Deeds, Quit Claim Deeds, and Special Warranty Deeds. |
| Governing Laws | The Minnesota Deed form is governed by Minnesota Statutes, Chapter 507, which outlines the requirements for property transfers. |
| Filing Requirements | To be valid, the deed must be signed, notarized, and filed with the county recorder's office in the appropriate county. |
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