As a real estate owner, you can use a Minnesota quitclaim deed form to transfer your property ownership to another party with whom you likely have an existing relationship.
In Minnesota, the quitclaim deed form transfers property ownership from one individual or entity (the grantor) to another individual or entity (the grantee) without providing any guarantees or warranties on the property title.
That is, the transfer of ownership does not promise that no one else has interest claims to the property. If the person receiving the ownership requires guarantees of title and proof that there are no liens or other claims, a warranty deed should be used instead for the transfer.
If you’re wondering, “where can I get a quitclaim deed form?” with information specific to Minnesota, consider the following legal requirements to ensure your deed is valid.
Minnesota Quitclaim Deed Laws and Requirements
Per Minnesota law, a quitclaim deed must contain the following features:
- Be in written form
- Contain a legal description of the property
- Meet the signing and acknowledgment requirements.
Laws
The Minnesota Statutes, particularly Chapter 507 establish the laws governing the quitclaim deed process in the state.
Chapter 507 lists the requirements for recording deeds and includes a statutory form for quitclaim deeds.
Legal Description
Use the property’s complete legal description when describing the property you are transferring.
In Minnesota, the appropriate county’s real property tax records can likely help provide legal descriptions or refer to previous deeds if you are unsure of any elements.
Signing
The grantor must sign the quitclaim deed in the presence of a notary public and the signature must be original per Minnesota Statutes Section 507.24.
Acknowledgments
Valid Minnesota quitclaim deeds require the grantor to sign before a notary public for acknowledgment according to Minnesota Statutes Section 507.24.
Include the certified acknowledgment, which should contain the notary public’s original signature with your quitclaim deed when filing.
Terminology
Minnesota Statutes Section 507.07 provides specific language you can use in a quitclaim deed.
Transfer Tax
Minnesota law imposes a transfer tax, also called a deed tax, on the value of the property transferred. The deed tax does not apply to deeds valued at less than 3,000.
The deed tax rate is 0.33 % of the selling price (net consideration) and is paid to the county treasurer.
The grantor is responsible for the deed tax but may designate the grantee to pay the deed tax through a separate and private written agreement.
Additional Documents
If the consideration for the property transferred is greater than $3,000, then the eCVR (Electronic Certificate of Real Estate Value) document must be filed simultaneously as the quitclaim deed.
In cases where the consideration is $3,000 or less, the transfer document should contain language stating the eCVR is not required.
In addition, if the property has a new well that was put in place after the grantor’s original purchase, then the Well Disclosure Certificate is required.
Witnesses
Minnesota does not enforce a witness requirement on quitclaim deeds other than the necessary acknowledgment to record a deed.
Recording
Per Minnesota Statutes Section 507.0944, register your Minnesota quitclaim deed form with the County Recorder’s Office, where the property is located, and submit a recording fee.
To be deemed valid, Minnesota Statutes Section 507.093 provides the following document standards:
- Document size cannot exceed 8.5 inches by 14 inches.
- Documents must be typed via printer, typewriter, or computer with at least an 8-point font.
- Documents must have a 3-inch top margin on the first page and a border of at least one-half inch for all other margins.
How to Write & File a Quitclaim Deed in Minnesota
Step 1 – Obtain Quitclaim Deed Form
Download the Minnesota quitclaim deed.
Step 2 – Enter Preparer Details
Enter the name and address of the preparer on the top left-hand corner of the form.
Step 3 – Fill In ‘Return To’ Information
Enter the return address information under the preparer’s information. This is the person who receives the deed after it is recorded. Many people choose the buyer, but it may be someone else.
Step 4 – Enter Grantor and Grantee Details
Write the grantor’s full name and address, city, and state. Enter the same for the grantee, their full name, address, city, and state.
Step 5 – Note Consideration
After “consideration of the sum of” write the total amount to be paid, if any, for the property, in words first and then in numbers.
Step 6 – Document Property Legal Description
Write the county where the property is located. Then record the address and legal description of the property in the space provided. Use attachments if needed.
Step 7 – Choose Well Disclosure Statement Option
Mark whether or not the property qualifies for a Well Disclosure Statement. This area has three boxes. Mark the first box if the property has no wells.
Mark the second box if the property requires a Well Disclosure Statement, and record the Well Disclosure Certificate number on the line.
Mark the third box if the property has wells, but they have not changed since the last time the property received a Well Disclosure Certificate.
Step 8 – Get Deed Notarized
The grantor now must take the deed to a notary public, sign it and have it properly acknowledged by the notary public.
Step 9 – File in County Recorder’s Office
Submit the form to the appropriate County Recorder’s Office. Be sure to include the appropriate documents and/or disclosures. Pay the county’s recording or filing fee.
Step 10 – Submit eCVR
Submit the eCVR at the same time. This can be done online or in paper form. It is required if the consideration for the transfer of the property is $3,000 or more.
Sample Minnesota Quitclaim Deed
Below is an example of what a Minnesota quitclaim deed looks like.