Deed Tax

Deed tax is imposed on each deed by which any real property in Minnesota is granted, assigned, transferred or otherwise conveyed.

  • Deed tax applies against the net consideration
  • The tax amount is determined by multiplying .0033 times the consideration amount.
  • If the considerations is $500 or less, the minimum deed tax is $1.65.
  • The deed tax must be paid at the time of recording the document.

Deeds Subject to Deed Tax

  • Warranty Deeds
  • Quitclaim Deeds
  • Deeds to set up Joint Tenancy or Tenancy in Common
  • Deeds to Terminate Joint Tenancy or Tenancy in Common
  • Deeds for the Exchange of Property
  • Deeds in Lieu of Foreclosure
  • Deeds for the Assignment of Sheriff's Certificate of Sale
  • Deeds for the Sale from an Estate by a Personal Representative
  • Deeds conveying ownership by Eminent Domain through Negotiation
  • Deeds for Gifted Property
  • Corrective Deeds
  • Deeds for Severed Mineral Rights
  • Deeds for Standing Timber
  • Certificates of Redemption: Creditors
  • State Deeds for Tax-Forfeited Land

Deeds Exempt from Deed Tax

  • Deeds to or from the federal government of any agency or instrumentality thereof
  • Deeds between the parties to a marriage dissolution pursuant to the terms of the dissolution decree.
  • Deeds conveying a cemetery lot or lots.
  • Deeds by a personal representative distributing the decedent's property according to the terms of the will or probate court order.
  • Deeds between co-owners partitioning their undivided interest in the same piece of property.
  • Deeds or other instrument of conveyance issued pursuant to a permanent school fund land exchange under MS 92.121 and related laws.
  • Deeds or other instrument which grants, creates, modifies, or terminates an easement