What is the real estate transfer tax in Minnesota?

In Minnesota, a deed tax of .0033 of the net consideration (0.33%) is imposed on each deed conveying real property when the consideration, not counting liens that remain on the property, exceeds $3,000, the tax is $1.65 at $3,000 or less, and it is due when the deed is presented for recording. Hennepin County and Ramsey County may each impose an additional deed tax of .0001 of the amount, collected in the same way as the state deed tax. Exempt instruments include a mortgage and its release, and a decree of marriage dissolution or a deed between the parties made under its terms. Counties and cities can add their own tax where state law lets them, so check the county where the deed is recorded. This is Minn. Stat. §§ 287.21, 287.22, 383A.80, 383B.80.

WhatMinnesota
State transfer tax0.33% of the net price ($1.65 at $3,000 or less)

What the statute says

“… when the consideration, exclusive of the value of any lien or encumbrance remaining at the time of sale, exceeds $3,000, the tax is .0033 of the net consideration.”

Quoted word for word from the section’s text.

Source

Minn. Stat. §§ 287.21, 287.22, 383A.80, 383B.80

Read the statute in the Minnesota Statutes (Office of the Revisor of Statutes): revisor.mn.gov.

Checked against the statute on November 15, 2026.

This is a summary of a published statute, not legal advice. Rules change, local ordinances can add to them, and the terms of a specific lease may differ. Check the citation and speak to a lawyer before acting.

How Seayora uses this rule

This page states the state’s rule so the costs and paperwork of a sale can be checked against it before a contract is signed. An owner on Seayora keeps each property’s owners of record and its documents in one place.

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