Limited Warranty Deed
(Residential Transaction) (MN)

Summary

This template is a limited warranty deed that sellers in Minnesota can use to convey residential property to a buyer. Sellers may use a limited warranty deed if permitted by the purchase agreement or when the seller is unable or unwilling to provide warranties on matters predating the seller's ownership. This template includes practical guidance and drafting notes. Counsel for the parties should confirm that the title company will insure the title notwithstanding the use of a limited warranty deed instead of a standard warranty deed. For other templates of deeds to use in residential transactions in Minnesota, see Quitclaim Deed (Residential Transaction) (MN) and Warranty Deed (Residential Transaction) (MN). For templates of deeds to use in commercial transactions in Minnesota, see Warranty Deed (Commercial Transaction) (MN), Quitclaim Deed (Commercial Transaction) (MN), and Limited Warranty Deed (Commercial Transaction) (MN). For a template of a residential purchase agreement, see Purchase Agreement (Residential) (MN). For information on the process of buying and selling real property in Minnesota, see Purchase and Sale of Commercial Real Property (MN) and Purchase and Sale of Residential Real Property (MN). For more information on commercial real estate ownership in Minnesota, see Commercial Real Estate Ownership (MN). For information on recording real property documents in Minnesota, see Recording Procedures (MN). For information on deed transfer taxes in Minnesota, see Real Property Transfer Taxes (MN). For more on deeds in general, see Types of Deeds and Key Provisions. See also Thompson on Real Property, Thomas Editions § 82.04 and Powell on Real Property § 81A.03. For a full listing of key content covering purchasing and selling residential real estate, see Purchasing and Selling Residential Real Estate Resource Kit. For a full listing of key content covering purchasing and selling commercial real estate, see Purchasing and Selling Commercial Real Estate Resource Kit. See also Junior Associate Real Estate Resource Kit (Commercial Purchase and Sale). For a list of key resources covering real estate-related tasks for associates, in-house attorneys, and interns, see First Year Associate Resource Kit: Real Estate, Summer Associate Resource Kit: Real Estate, In-House Real Estate Resource Kit, and Federal Government Summer Intern Resource Kit: Real Estate.