Get Certificate Of Real Estate Value Minnesota

The Certificate of Real Estate Value, also known as Form PE20, is a crucial document when purchasing real estate in Minnesota. This guide provides a step-by-step approach to completing the form online, ensuring you understand each section and its significance.

Follow the steps to complete the Certificate Of Real Estate Value online

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Fill in the names of the buyers, including last name, first name, and middle initial. Provide a daytime phone number for contact.
3. Next, enter the names of the sellers in the same format as the buyers. Include their new address and daytime phone number.
4. Indicate the street address or rural route of the property purchased, along with the city or township and county.
5. Provide the legal description of the property. If this is not feasible within the form, attach three copies of the legal description.
6. Fill in the total purchase price and specify whether any personal property, such as furniture or equipment, was included in the purchase price.
7. Indicate the down payment amount and whether points or prepaid interest were paid by the seller.
8. Check the applicable boxes for the type of acquisition and enter any related details.
9. Select the type of property being transferred and its planned use. Check boxes as necessary based on the property type.
10. Complete the financing section only if seller-financed, including details about mortgage or contract-for-deed amounts and monthly payments.
11. Sign and date the form, declaring under penalty of law that the information is true and complete.
12. Save your changes, and download, print, or share the completed form as needed.

Complete your Certificate of Real Estate Value online today to ensure a smooth property transaction process.