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The Minnesota Quitclaim Deed is a vital legal document used in real estate transactions, allowing property owners to transfer their interest in a property to another party without making any guarantees about the title. This form serves as a straightforward way to convey ownership, often utilized in situations such as transfers between family members, divorce settlements, or clearing up title issues. Unlike warranty deeds, which provide assurances regarding the title's validity, a quitclaim deed offers no such protections. It is essential for both the grantor and grantee to understand that the transfer does not imply that the property is free of liens or other encumbrances. Additionally, the quitclaim deed must be properly executed, including signatures from the grantor and acknowledgment by a notary public, to ensure its validity. Once completed, the document must be filed with the county recorder's office where the property is located, making the transfer of interest a matter of public record. Understanding these key aspects can help individuals navigate the process more confidently.
Form Example
Minnesota Quitclaim Deed
This document serves as a Quitclaim Deed, a legal instrument to convey a grantor's interest in real property to a grantee, without warranties. This deed complies with the requirements specific to the State of Minnesota.
Under Minnesota Statute 507.07, a Quitclaim Deed must be in writing, contain a legal description of the property, be signed by the grantor, and be acknowledged before a notary public to be recordable.
Prepared this ______ day of ___________, 20____.
Grantor Information:
Name: ________________________________________________
Address: ______________________________________________
City, State, Zip: ______________________________________
Phone: ________________________________________________
Email: ________________________________________________
Grantee Information:
Name: ________________________________________________
Address: _____________________________________________
City, State, Zip: _____________________________________
Phone: _______________________________________________
Email: _______________________________________________
Property Information:
Legal Description: ____________________________________
_______________________________________________________
Property Address: _____________________________________
County: ______________________________________________
Parcel ID: ___________________________________________
Consideration:
The Grantor(s) hereby quitclaims to the Grantee(s) the real property described above for the total consideration of $__________.
Signature:
The undersigned Grantor(s) hereby execute this Quitclaim Deed this ______ day of ___________, 20____.
_______________________________________________________
Grantor's Signature
This document was acknowledged before me on this ______ day of ___________, 20____, by _______________________________________________________.
_______________________________________________________
Notary Public
My Commission Expires: _______________________________
Instructions for Recording:
Once completed and signed, this document must be recorded with the County Recorder's Office or Registrar of Titles in the county where the property is located. Ensure the document meets all Minnesota recording requirements, including legibility, proper fees, and any additional forms or cover sheets required by the county.
File Specs
| Fact Name | Description |
|---|---|
| Definition | A quitclaim deed is a legal document used to transfer ownership of real estate without any warranties regarding the title. |
| Governing Laws | The Minnesota Quitclaim Deed is governed by Minnesota Statutes Chapter 507. |
| Usage | This form is often used between family members or in situations where the parties know each other well. |
| Requirements | The deed must be signed by the grantor, and it must be notarized to be valid. |
| Filing | Once completed, the quitclaim deed must be filed with the county recorder's office to officially document the transfer. |
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