A conveyance of real estate should be recorded with the county recorder in the county where the property is located. This is designed to protect a later purchaser of the same real estate. The recording act in Minnesota is known as a race-notice statute. In this state, it is also necessary to include a Well Disclosure Certificate when submitting a real estate deed for recordation. Additional standards, as listed in section 507.093 of the Minnesota Revised Statutes, such as names that need to be included and formatting specifics, apply to the recordation of a deed in Minnesota.
A spouse's signature can also be made by the spouse's duly appointed attorney in fact (507.02). Section 507.02 of the Minnesota Revised Statutes lists some exceptions to this rule. If the owner of real property is married, no conveyance of homestead will be valid unless it contains the signatures of both spouses. If a conveyance is executed out-of-state, it will be entitled to be recorded in this state if executed according to Minnesota laws or the laws of the state (507.24). Acknowledgments are required by law to be certified and must contain the original signature of the notary public or other officer taking acknowledgments. The method of conveyance in this state is determined by the owner's rights, how title is held, and the owner's intentions.Ī real estate deed needs to contain the original signatures of the party executing it, and should be acknowledged by the same. The grantee in a conveyance of real property must be legally capable of receiving property. Agricultural land in Minnesota acquired by someone other than a citizen or a permanent resident alien by devise, inheritance, or through collection of debts or enforcement of a lien or claim must be disposed of within three years after it has been acquired (500.221). Restrictions on alien land ownership in Minnesota apply to agricultural land: No natural person can acquire an interest in agricultural land directly or indirectly, unless he or she is a U.S. In Minnesota, a corporation may convey its real estate by an attorney appointed by resolution of its directors, a copy of which, certified by the corporation's clerk or secretary, may be filed with the county recorder (507.05). There are several different ways to convey and hold property in this state. The power to convey property in Minnesota is given to citizens, those claiming jointly, and corporations.
Warranty deeds and quitclaim deeds are common forms in this state. The several forms of deeds, mortgages, and other conveyance forms are approved and recommended for use in this state (507.09). In Minnesota, a conveyance can be of registered lands (Torrens) or unregistered lands (abstract lands)-both are subject to the same burdens and incidents (508.02). Select Document Type Quit Claim Deed Quitclaim Deed from Individual to Joint Tenants Quit Claim Deed Divorce Gift Deed Warranty Deed Warranty Deed Excluding Assessment Warranty Deed from Individual to Joint Tenants Warranty Deed from Individual to Joint Tenants Excluding Assessments Limited Warranty Deed Limited Warranty Deed Excluding Assessment Limited Warranty Deed from Individual to Joint Tenant Limited Warranty Deed from Individual to Joint Tenant Excluding Assessment Easement Deed Termination of Easement Affidavit of Identity and Survivorship Transfer on Death Deed Transfer on Death Revocation Affidavit of Identity and Survivorship for Transfer on Death Deeds Deed of Distribution Personal Representative Deed of Sale Transfer on Death Deed by Married Joint Tenants Transfer on Death Deed by Married Sole Owner Transfer on Death Deed by Unmarried Owner Trustee Deed Individual Affidavit of Trustee for Testamentary Trust Affidavit of Trustee for Non-testamentary Trust Correction Deed Mineral Deed Mortgage Secured by Promissory Note Subcontractor Notice of Furnishing Mechanics Statement of Lien Receipt and Waiver of Mechanic Lien Assignment of Mechanic Lien Satisfaction of Mechanic Lien Release of Mechanic Lien Disclaimer of Interest Certificate of TrustĪ conveyance in Minnesota includes every instrument in writing by which real estate or any interest in real estate is created, assigned, alienated, or mortgaged, or by which the title to real estate may be affected in law or equity, except wills, leases for a term not exceeding three years, and powers of attorney (507.01).
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