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Minnesota Deed Forms

Minnesota deed is a legal form by which one party (grantor/seller) transfers ownership of real property to another party (grantee/buyer). Deeds commonly convey warranties to protect the grantee against potential title defects, such as unpaid property tax or unresolved liens. A warranty deed affords the most title protection by ensuring the grantor will be held liable for any encumbrances. Under a quit claim deed, the grantor transfers property without providing assurances, therefore putting the grantee at risk in the event of title and ownership complications.

Contents

Types (5)

Deed of Trust – Used when a buyer takes out a loan to purchase property. The deed transfers ownership to a trustee until the debt is paid.

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General Warranty Deed – Fully protects the buyer against any title defects (e.g., claims, liens) discovered after purchasing property.

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Limited Warranty Deed – Protects the buyer against defects from the seller’s period of ownership only (i.e., no warranties for past owners).

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Quit Claim Deed – A property conveyance document that provides no warranties or title assurances to the grantee.

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Transfer on Death Deed – Allows the grantor to name a beneficiary to receive property upon the grantor’s death.

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