Minnesota - Lake County Warranty Deed Excluding Assessment Form

Name: Warranty Deed Excluding Assessment
Brand: Deeds.com
Rating: 4.8 (1894 reviews)

All Lake County specific forms listed below are included in your immediate download:

Lake County Warranty Deed Excluding Assessment Form Page 1

Warranty Deed Excluding Assessment Form - Lake County

Fill in the blank form formatted to comply with all recording and content requirements.
Included document last updated 9/14/2020

Lake County Warranty Deed Excluding Assessment Guide Page 1

Warranty Deed Excluding Assessment Guide - Lake County

Line by line guide explaining every blank on the form.
Included document last updated 9/11/2020

Lake County Completed Example of the Warranty Deed Excluding Assessment Document Page 1

Completed Example of the Warranty Deed Excluding Assessment Document - Lake County

Example of a properly completed form for reference.
Included document last updated 9/7/2020

*The Following Minnesota and Lake County supplemental forms are included as a courtesy with your order.

Certificate of Real Estate Value

Buyers of real property must file this form if its sale price (or other consideration) is more than $3,000. Effective October 1, 2014, the Minnesota Department of Revenue will no longer accept the paper Certificate of Real Estate Value (CRV). Instead, the e-CRV is being implemented as an electronic replacement to the four-part paper CRV form. Transfer documents almost all require the electronic CRV and, if submitted with a paper CRV, will be rejected and required to be resubmitted with an e-CRV. Please consult the guidelines posted here for a specific list of documents. To submit the e-CRV, visit this url: https://www.revenue.state.mn.us/electronic-certificate-real-estate-value-ecrv

Deed Tax

Form 1 may be used to document your claim for an exempt or minimum tax transfer. This form lists 27 transfer tax exemptions. Form 2 is used if transfer tax is due and must be submitted within 30 days. Note: In the absence of a qualifying reason, deed tax must be based on at least the fair market value of the property being conveyed. The “full” deed tax rate is .0033 (.0034 for Hennepin and Ramsey counties).

Mortgage Registry Tax

Form MRT1 may be used to document your claim for an exemption from mortgage tax or the basis of your tax. The mortgage registry tax rate is .0023 of the amount of the debt being secured (.0024 for Hennepin and Ramsey counties).

Well Disclosure Certificate

Prior to signing an agreement to sell or transfer real property, the seller must always disclose in writing the location and status of all wells on the property to the buyer, along with the legal description and county of the property, and a sketch map showing the location of each well or indicate there are no wells on the property. This form comes with instructions. If there is no well, this form does not need to be completed.

Well Disclosure of Grantee in Deed

A form for the grantee (buyer) to acknowledge if there is a well on the property. This form can only be recorded as attachment to the deed.

Affidavit Regarding Seller by Individual(s)

This affidavit must be signed and notarized and may be needed if the seller(s) must declare certain facts about the property that is being conveyed.

Affidavit Regarding Purchaser by Individual(s)

This affidavit must be signed and notarized and may be needed for the purchaser to state knowledge of certain facts regarding the property.

Notary Certificates

The supplemental forms in this section can be used as loose certificates by notaries in the state.

Checkout and Download Forms

Frequently Asked Questions:

How long does it take to get my forms?
- Forms are available immediately after submitting payment.
What are supplemental forms?
- Often when a deed is recorded additional documents are required by the state or local jurisdiction. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.
How do I get my forms, are they emailed?
- After you submit payment you will see a page listing the forms you ordered with a download link to the pdf form file. You download the forms to your computer. You will also receive an email with a link to your download page in case you need it later.
What type of files are the forms?
- All of our forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.
Can the forms be re-used?
- Yes. You can re-use the forms for your personal use. For example, if you have more than one property in a given county that you need to transfer you would only need to order our forms once for all of your properties in that county.
Are these forms guaranteed to be recordable in Lake County ?
- Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Lake County including margin requirements, content requirements, font and font size requirements.
Do I have to enter all of my property information online?
- No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.
Can I save the completed form, email it to someone?
- Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.
Do I need any special software to use these forms?
- You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.
Are there any recurring fees involved?
- No. Nothing to cancel, no memberships, no recurring fees.

Areas covered by these Warranty Deed Excluding Assessment Forms:

Lake County

Including:

Beaver Bay
Finland
Isabella
Knife River
Silver Bay
Two Harbors

Checkout and Download Forms

What is the Minnesota Warranty Deed Excluding Assessment?

Minnesota's real estate deeds are governed by Minn. Stat. 507. The statutes contain the basic form and requirements for lawful conveyance of property. A warranty deed is used in Minnesota real estate transactions where the grantor agrees that "such instrument, duly executed as required by law, shall be a conveyance in fee simple of the premises described to the grantee, the grantee's heirs and assigns, with covenants on the part of the grantor, the grantor's heirs and personal representatives, that the grantor is lawfully seized of the premises in fee simple and has good right to convey the same; that the premises are free from all encumbrances; that the grantor warrants to the grantee, the grantee's heirs and assigns, the quiet and peaceable possession thereof; and that the grantor will defend the title thereto against all persons who may lawfully claim the same. Such covenants shall be obligatory upon any grantor, the grantor's heirs and personal representatives, as fully and with like effect as if written at length in such deed" (507.07).

While properly completed statutory form may suffice in many situations, they leave the possibility for errors based on incorrect or missing information. To reduce confusion about the information needed for different real estate transactions, Minnesota suggests guidelines for uniform conveyancing forms, each with a specific purpose.

This warranty deed form, specifically intended for real property transfers between individual owner(s), matches the format, content, and requirements set forth in the 2013 update.

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 property after the conveyance.

Checkout and Download Forms

Save Time and Money

Get your Lake County Warranty Deed Excluding Assessment 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.

Our Promise

The documents you receive here will meet, or exceed, the Lake County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.

Customer Reviews:

4.8 out of 5 (1894 Reviews)

September 26th, 2020

Name: Carnell G.

Review: The basic setup was fine but, I need to review the document in its entirety for accuracy which I have yet to do so. So far so good. The monthly fee is more than I need for right now.

Reply from Staff on September 26th, 2020

Thank you!

September 26th, 2020

Name: Marvita J.

Review: Deeds.com was fast and easy and I got everything I needed in one stop!

Reply from Staff on September 26th, 2020

Thank you for your feedback. We really appreciate it. Have a great day!

September 25th, 2020

Name: William S.

Review: Love the ability to e-record a single document as a private citizen. Other companies only want to do business with large volume filers like title companies and attorneys. e-recording was super easy and so efficient. Got confirmation of recording from county clerk less than one hour after submission.

Reply from Staff on September 26th, 2020

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

September 25th, 2020

Name: Mica M.

Review: Best Way EVER to record a warranty deed! It was nice to not have to drive anywhere and find the facility closed or "unable to process due to covid19 and buildings being closed". The correspondence between me and deeds.com was very timely in our back and forth email correspondence, and the processing was all finished in a timely manner. Totally worth the extra $15 that I paid in addition to the recording fee. I would use this again and again. My time and the efficiency of the job completed is worth the money.