Wabasha County Gift Deed Form

Wabasha County Gift Deed Form
Fill in the blank form formatted to comply with all recording and content requirements.

Wabasha County Gift Deed Guide
Line by line guide explaining every blank on the form.

Wabasha County Completed Example of the Gift Deed Document
Example of a properly completed form for reference.
All 3 documents above included • One-time purchase • No recurring fees
Immediate Download • Secure Checkout
Additional Minnesota and Wabasha County documents included at no extra charge:
Where to Record Your Documents
Wabasha County Recorder
Wabasha, Minnesota 55981
Hours: 8:00 to 4:00 Monday through Friday
Phone: (651) 565-3623
Recording Tips for Wabasha County:
- Ensure all signatures are in blue or black ink
- White-out or correction fluid may cause rejection
- Documents must be on 8.5 x 11 inch white paper
- Leave recording info boxes blank - the office fills these
- Request a receipt showing your recording numbers
Cities and Jurisdictions in Wabasha County
Properties in any of these areas use Wabasha County forms:
- Elgin
- Kellogg
- Lake City
- Mazeppa
- Millville
- Plainview
- Reads Landing
- Wabasha
- Zumbro Falls
Hours, fees, requirements, and more for Wabasha County
How do I get my forms?
Forms are available for immediate download after payment. The Wabasha County forms will be in your account ready to download to your computer. An account is created for you during checkout if you don't have one. Forms are NOT emailed.
Are these forms guaranteed to be recordable in Wabasha County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Wabasha County including margin requirements, content requirements, font and font size requirements.
Can I reuse these forms?
Yes. You can reuse the forms for your personal use. For example, if you have multiple properties in Wabasha County you only need to order once.
What do I need to use these forms?
The forms are PDFs that you fill out on your computer. You'll need Adobe Reader (free software that most computers already have). You do NOT enter your property information online - you download the blank forms and complete them privately on your own computer.
Are there any recurring fees?
No. This is a one-time purchase. Nothing to cancel, no memberships, no recurring fees.
How much does it cost to record in Wabasha County?
Recording fees in Wabasha County vary. Contact the recorder's office at (651) 565-3623 for current fees.
Questions answered? Let's get started!
Gifting Real Estate (Real Property) in Minnesota
A gift deed, or deed of gift, is a legal document voluntarily transferring title to real property from one party (the grantor or donor) to another (the grantee or donee). A gift deed typically transfers real property between family or close friends. Gift deeds are also used to donate to a non-profit organization or charity. The deed serves as proof that the transfer is indeed a gift and without consideration (any conditions or form of compensation).
Valid deeds must meet the following requirements: The grantor must intend to make a present gift of the property, the grantor must deliver the property to the grantee, and the grantee must accept the gift. Gift deeds must contain language that explicitly states no consideration is expected or required, because any ambiguity or reference to consideration can make the deed contestable in court. A promise to transfer ownership in the future is not a gift, and any deed that does not immediately transfer the interest in the property, or meet any of the aforementioned requirements, can be revoked [1].
A lawful gift deed must also include the grantor's full name and marital status, as well as the grantee's full name, marital status, mailing address, telephone number and vesting. Vesting describes how the grantee holds title to the property. For Minnesota residential property, the primary methods for holding title are tenancy in common and joint tenancy. A conveyance to two or more persons is presumed to create a tenancy in common, unless a joint tenancy is specifically created (Minn. Stat. Ann. 500.19(2)).
As with any conveyance of real estate, a gift deed requires a complete legal description of the parcel. Include all relevant documents, affidavits, forms, and fees with the along with the deed for recording as well. When claiming a minimum deed tax or an exemption, include Deed Tax Form 1 (287.21). If there is a well on the property, include a Well Disclosure Certificate, or applicable e-certificate number (103I.235). An Affidavit Regarding Seller by Individual(s) and an Affidavit Regarding Purchaser by Individual(s) must also be signed and notarized. Record the completed deed at the local County Recorder's office.
The IRS levies a Federal Gift Tax on any transfer of property from one individual to another with no consideration, or consideration that is less than the full market value. Gifts of real property in Minnesota are subject to this federal gift tax. In accordance with federal law, individuals are permitted an annual exclusion of $15,000 on gifts. This means that gifts valued below $15,000 do not require a federal gift tax return (Form 709). Even so, grantors should consider filing one for many gifts of real property [2]. The grantor is responsible for paying the federal gift tax; however, if the grantor does not pay the gift tax, the grantee will be held liable [1].
In Minnesota, there is no state gift tax. For questions regarding tax laws, consult a tax specialist.
With gifts of real property, the recipient of the gift (grantee) is not required to declare the amount of the gift as income, but if the property accrues income after the transaction, the recipient is responsible for paying the requisite state and federal income taxes [3].
This article is provided for informational purposes only and is not a substitute for the advice of an attorney. Contact a lawyer with any questions about gift deeds or other issues related to the transfer of real property. For questions regarding federal and state taxation laws, consult a tax specialist.
[1]https://nationalparalegal.edu/public_documents/courseware_asp_files/realProperty/PersonalProperty/InterVivosGifts.asp
[2] http://msuextension.org/publications/FamilyFinancialManagement/MT199105HR.pdf
[3] https://www.irs.gov/businesses/small-businesses-self-employed/frequently-asked-questions-on-gift-taxes
(Minnesota GD Package includes form, guidelines, and completed example)
Important: Your property must be located in Wabasha County to use these forms. Documents should be recorded at the office below.
This Gift Deed meets all recording requirements specific to Wabasha County.
Our Promise
The documents you receive here will meet, or exceed, the Wabasha County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.
Save Time and Money
Get your Wabasha County Gift Deed form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.
4.8 out of 5 - ( 4582 Reviews )
Michael M.
June 14th, 2022
Amazing time saver, fantastic resource if you have an idea of what you are looking for and you can read. No one is going to hold your hand so be prepared to do the research yourself... it is DIY after all.
Thanks for the kind words Michael. Have a wonderful day.
Lowell R.
July 29th, 2020
Awesome. Quick informative and very easy. I made a mistake the first time, emailed you and was able to get it fixed quickly and got it done.
Thank you for your feedback. We really appreciate it. Have a great day!
Jason B.
July 19th, 2022
KVH provided excellent customer service (great communication was provided). I would differently use this service if needed in the further.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
James U.
June 18th, 2020
Fonts for all fields are not the same. Collin County has a specified size it wants in all fields. Other than that every thing was fine.
Thank you!
Linda B.
June 15th, 2020
Very simple, fast and efficient.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
ziad k.
June 4th, 2024
FIRST TIME USER EXCELENT SERVICE.
Thank you for your feedback. We really appreciate it. Have a great day!
Marilyn L.
September 3rd, 2020
Good!!
Thank you!
Arthur M.
December 8th, 2020
A good service that saves a lot of time and precludes making a trip to the County Assessors Office. Valuable service.
Thank you!
Evelynne H.
December 3rd, 2020
The service was quick and easy to use. Which is something I really appreciate.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
jerry k.
May 27th, 2021
very easy to download, works great
Thank you for your feedback. We really appreciate it. Have a great day!
Larry F.
April 1st, 2020
Your site is useful but limited in scope. I could not find exactly what I was looking for and felt that paying when I wasn't sure was going to be extremely frustrating.
Thank you for your feedback. We really appreciate it. Have a great day!
Cheryl B.
August 26th, 2022
I did this on a desktop using a scanned .pdf file. Simple, straight-forward, excellent instructions, easy, fast, and well documented for each step. From account creation to proof of recording: 4 hours... from the comfort of my home. I would highly recommend this service to anyone, including - and maybe especially - those who are looking for fast recording who aren't well versed in computers and on-line processes. Well done in all ways.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Stephanie S.
July 24th, 2019
I received my information almost immediately. I read a few more things on the website and then refreshed and it was there! SO much easier than having to go to the office myself - thanks!!
Thank you!
Susan S.
April 4th, 2019
Very quick, easy and readily available forms. No wait, no advertisements, no pressure to purchase MORE. I expected to only get part of the information I needed, and for there to be a hidden cost to get the complete package, but surprisingly, I got immediate access to all the forms I ordered, AND THERE WERE NO ADDITIONAL HIDDEN COSTS! How refreshing!
Thank you Susan, we really appreciate your feedback.
laura w.
March 7th, 2021
I found Deeds to be okay except I was hoping it would give me a title or deed to my house if I would have known I would have just got a warranty deed I probably would not have pay the money but it's still worth it
Thank you for your feedback. We really appreciate it. Have a great day!