A limited warranty deed is used in Minnesota real estate transactions where the grantor guarantees that, during the time of ownership, the grantor did nothing undisclosed to encumber the land. The deed also passes after-acquired title (any future rights the grantor gains to the same land transferred by the deed).
By excluding assessments from the covenants of title, the grantor alerts the grantee to the fact that one or more outstanding assessment liens and any associated interest may still be attached to the title.
The basic forms and requirements for real estate deeds in Minnesota are governed by Minn. Stat. 507. Properly completed statutory deeds are effective in most cases, but leave the possibility for errors based on incorrect or missing information. To reduce confusion about the different real estate transactions, Minnesota suggests requirements for uniform conveyancing forms, each with a specific purpose.
This deed form, specifically intended for real property transfers from individual owner(s) to joint tenants, matches the format, content, and requirements set forth in the most recent update.
Deeds.com Minnesota Limited Warranty Deed from Individual to Joint Tenant Excluding Assessment Forms Have Been Updated as Recently as Tuesday November 14, 2017