Products tagged with 'minnesota real estate form'

Sell a real estate property to a buyer over time under the terms of this Minnesota Contract for Deed.

• Under the terms of this Contract (also known as a land contract), the seller in essence becomes the mortgage lender by allowing the purchaser to pay off the purchase price over time.
• Once the purchaser has paid all of the remaining balance, plus interest, the seller will transfer ownership of the property to the purchaser.
• If the purchaser fails to make the payments, the seller has the right to take back the property and keep all of the money that the purchaser has paid, as liquidated damages.
• By using a Contract for Deed, a Minnesota property owner can secure the outstanding balance owing under the contract.
• Available in MS Word format.
• Intended to be used only in the State of Minnesota.

Transfer ownership of a Minnesota real estate property from a seller to a buyer with this Warranty Deed form.

What is a warranty deed?

A warranty deed is a legal document that transfers ownership of a real estate property from the seller to the buyer. The seller confirms that the property has a clear title, which ensures that the buyer will not be responsible for any past title defects or encumbrances.

Covenants of Seller (Grantor)

The grantor (seller) covenants that:

• the grantor (seller) has good and marketable title to the property,
• the grantor (seller) has the right and power to transfer the title to the grantee (buyer), and
• the grantor (seller) will forever defend the grantee's (buyer's) right to possession of the property.

Well Disclosure Certificate

This Warranty Deed template also contains the Well Disclosure certificate required by Minnesota law.

Format and Legal Jurisdiction

The Warranty Deed form is available as a downloadable legal document in MS Word format. It is intended to be used only in the State of Minnesota.