Torrens Property Recording Requirements
Deeds | |
Certificate of Real Estate Value (CRV) | This form must be electronically filed. |
Well Information | If a CRV is required a well certificate or statement of status of well is required. See Well Disclosure Certificate |
Legal Description | A complete tractable legal description. Survey maps are not required but are appreciated. Must be an exact legal description from prior certificate of title. |
“Send Tax Statement to:” | Minnesota Statute 597.092 (Name and address |
“Drafted by Statement” | Minnesota Statute 507.091 Name and address required for all documents acknowledged in the State of Minnesota |
Signature of Grantors and Acknowledgment Statement (marital status) | Complete Acknowledgment includes Venue (State and County where acknowledgment took place, date, notary seal, notary signature, notary commission expiration, names and marital status of signatures being acknowledged or if a Corporation the business name, who signs and their title. |
Delinquent Taxes | Must be paid before document can be transferred. Contact County Auditor-Treasurer |
Splits in Tax Parcels | Current taxes must be paid in full for year. No less that 2½ acres. The Wilkin County Auditors office requires a survey map for all splits that have a call for direction. The survey must be done according to the Wilkin County coordinate system. |
Septic Certification | Contact Environmental Services |
State Deed Tax | $3.30 per thousand |
MORTGAGES | |
Complete legal description | A complete tractable legal description. Legal must be an exact legal that is on the Certificate of Title. |
“Drafted by” statement | Minnesota Statute 507.091 Name and address required for all documents acknowledged in the State of Minnesota |
Signature of Mortgagors and Acknowledgment Statement (marital status) | Complete Acknowledgment includes Venue (State and County where acknowledgment took place, date, notary seal, notary signature, notary commission expiration, names and marital status of signatures being acknowledged or if a Corporation the business name, who signs and their title. |
Mortgage Registration Tax (MRT) | $2.30 per thousand |
MISCELLANEOUS DOCUMENTS | |
Complete legal description | If to be indexed against property |
“Drafted by” statement | Minnesota Statute 507.091 Name and address required for all documents acknowledged in the State of Minnesota |
Signature and Acknowledgment Statement (marital status) | Complete Acknowledgment includes Venue (State and County where acknowledgment took place, date, notary seal, notary signature, notary commission expiration, names and marital status of signatures being acknowledged or if a Corporation the business name, who signs and their title. Affidavits often only require a “subscribed and sworn to statement” instead of compete acknowledgment. |