What is a warranty deed in Minnesota?

A general warranty deed is used to transfer an interest in real estate in Minnesota in most real estate transactions. A Minnesota warranty deed conveys real property with warranty covenants to the buyer. It requires an acknowledgement of the grantor's signature.

What does a warranty deed cover?

A warranty deed is a document often used in real estate that provides the greatest amount of protection to the purchaser of a property. It pledges or warrants that the owner owns the property free and clear of any outstanding liens, mortgages, or other encumbrances against it.

Can a warranty deed be assigned?

After your Warranty Deed has been recorded at the County Clerk's Office, it can be sent to the grantee. However, any person or corporation can be designated as the recipient of the recorded Warranty Deed.

What is the difference between a deed and a warranty deed?

Let's start with the definition of a deed: DEED: A written instrument by which one party, the Grantor, conveys the title of ownership in property to another party, the Grantee. A Warranty Deed contains promises, called covenants, that the Grantor makes to the Grantee.

Minnesota Warranty Deed from Corporation to Individual

Free Preview

page 0 Warranty Deed from Corporation to Individual preview

page 1 Warranty Deed from Corporation to Individual preview

Description

This Warranty Deed from Corporation to Individual form is a Warranty Deed where the Grantor is a corporation and the Grantee is an individual. Grantor conveys and warrants the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.

Related Deed Forms

Related Legal Definitions

How To Fill Out Minnesota Warranty Deed From Corporation To Individual?

Get any form from 85,000 legal documents including Minnesota Warranty Deed from Corporation to Individual on-line with US Legal Forms. Every template is drafted and updated by state-accredited legal professionals.

If you have already a subscription, log in. Once you’re on the form’s page, click on the Download button and go to My Forms to access it.

If you haven’t subscribed yet, follow the steps below:

Check the state-specific requirements for the Minnesota Warranty Deed from Corporation to Individual you want to use.
Look through description and preview the template.
Once you’re confident the sample is what you need, click Buy Now.
Choose a subscription plan that works well for your budget.
Create a personal account.
Pay out in a single of two suitable ways: by credit card or via PayPal.
Select a format to download the document in; two options are available (PDF or Word).
Download the document to the My Forms tab.
As soon as your reusable template is downloaded, print it out or save it to your device.

With US Legal Forms, you will always have quick access to the appropriate downloadable template. The service gives you access to forms and divides them into categories to streamline your search. Use US Legal Forms to obtain your Minnesota Warranty Deed from Corporation to Individual easy and fast.

Form Rating

4.6 Satisfied (280)

Form Popularity

FAQ

Key Takeaways. A property deed is a legal document that transfers the ownership of real estate from a seller to a buyer.General warranty deeds give the grantee the most protection, special warranty deeds give the grantee more limited protection, and a quitclaim deed gives the grantee the least protection under the law

It's important to note that a warranty deed does not actually prove the grantor has ownership (a title search is the best way to prove that), but it is a promise by the grantor that they are transferring ownership and if it turns out they don't actually own the property, the grantor will be responsible for compensating

The original deed is returned to the owner of the property from the office of the recorder after proper entry. The office of the Recorder of Deeds maintains a set of indexes about each deed recorded, for an easy search. Almost all states have a grantor-grantee index including a reference to all documents recorded.

A warranty deed, also known as a general warranty deed, is a legal real estate document between the seller (grantor) and the buyer (grantee). The deed protects the buyer by pledging that the seller holds clear title to the property and there are no encumbrances, outstanding liens, or mortgages against it.

Typically, the lender will provide you with a copy of the deed of trust after the closing. The original warranty deeds are often mailed to the grantee after they are recorded. These are your original copies and should be kept in a safe place, such as a fireproof lockbox or a safe deposit box at a financial institution.