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Minnesota Uniform Conveyancing Blanks Form 2031

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ASSIGNMENT OF MORTGAGE by Business Entity

(Top 3 inches reserved for recording data)
ASSIGNMENT OF MORTGAGE
by Business Entity
Minnesota Uniform Conveyancing Blanks
Form 20.3.2 (2011)

DATE:

FOR VALUABLE CONSIDERATION,

a under the laws of

("Assignor"), hereby sells, assigns, and transfers to

("Assignee"), the Assignor's interest in the Mortgage dated executed by

as mortgagor,

to as mortgagee, and recorded on as Document Number (or in Book

of Page ), in the Office of the County Recorder Registrar of Titles of

County, Minnesota, together with all right and interest in the note and obligations therein specified and the debt thereby secured.

Check here if all or part of the described real property is Registered (Torrens)

Assignor

By:

Its:

By:

Its:

Page 2 of 2
Minnesota Uniform Conveyancing Blanks Form 20.3.2

State of Minnesota, County of

This instrument was acknowledged before me on by

as

and by of

as

(Stamp)

Title (and Rank):

My commission expires:

THIS INSTRUMENT WAS DRAFTED BY:

Enter text

What the Minnesota Uniform Conveyancing Blanks Form 2031 Is

The Minnesota Uniform Conveyancing Blanks Form 2031 is a standardized real estate conveyancing template used in Minnesota for deeds, transfers, and related instruments. It provides a consistent layout for parties to record grantor and grantee details, legal property description, consideration, and acknowledgment or jurat blocks. County recorders accept properly completed versions for recording. The form reduces drafting errors by using uniform clauses and fields that align with Minnesota recording practice and eases clerical review at register of deeds offices across the state.

Why Form 2031 Matters for Minnesota Conveyances

Form 2031 streamlines property transfers by consolidating required elements—names, legal description, consideration, and notarization—into a single, county-friendly format, lowering the risk of rejection at recording and clarifying title for subsequent searches.

Why Form 2031 Matters for Minnesota Conveyances

Who Typically Prepares and Signs Form 2031

Conveyancers, title companies, attorneys, lenders, and individual grantors commonly use Form 2031 when transferring Minnesota real property.

  • Title companies and closers preparing documents for recording and title insurance issuance.
  • Real estate attorneys drafting or reviewing conveyances and resolving title issues before recording.
  • Individual grantors or grantees completing straightforward transfers or corrective instruments without counsel.

Choice of preparer affects review needs: professionals reduce errors, while individuals should follow a checklist or seek brief legal review before recording.

Step-by-Step: Completing Form 2031

Follow this sequence to fill Form 2031 accurately, verify identity, and prepare for recording.

  • 01
    Identify Parties: Enter full legal names exactly as on ID or title chain.
  • 02
    Describe Property: Use complete legal description—lot, block, and certificate references.
  • 03
    State Consideration: List exact dollar amount or 'nominal' language if appropriate.
  • 04
    Notary and Signing: Sign before a notary; include date and printed names.

Essential Data Elements on Form 2031

Grantor Name: Full legal name
Grantee Name: Full legal name
Property Description: Complete legal description
Consideration: Exact amount or statement
Notary Block: Acknowledgment or jurat text
Recording References: Prior document identifiers

Document Flow: From Execution to County Recording

Simple route: prepare, sign, notarize, and submit with the correct recording fee and cover sheet.

  • Prepare: Complete all fields and attach required exhibits.
  • Sign: Parties sign in presence of notary.
  • Submit: Deliver to county recorder with fee and original signature.
  • Record: Recorder indexes instrument and returns a stamped copy.

Key Components Included in a Professional Form 2031

A correct Form 2031 combines standard clauses and blank fields to ensure consistent recording and indexing across Minnesota counties.

Heading

Identifies the instrument type (deed, mortgage, release) and provides the initial indexing line used by the recorder.

Grantor/Grantee Blocks

Separate fields for names and addresses to ensure accurate party indexing and mailing information after recording.

Legal Description

A dedicated section for the full legal description or reference to a recorded plat or instrument number to avoid ambiguity.

Consideration Clause

Expresses the purchase price or other consideration, a detail used for tax assessment and clarity of transfer.

Notary Acknowledgment

Includes the official notary form accepted by Minnesota recorders for acknowledgments or jurats.

Recording Block

Space reserved for recorder use: recording date, document number, and return-to mailing address for the recorded instrument.

Best Practices to Prevent Recording Delays

Follow these practical steps to reduce rejection risk and preserve clear title evidence.

Verify Names Against Title Chain
Confirm grantor and grantee names exactly match prior recorded instruments and government IDs; discrepancies often require affidavits or corrective deeds, adding time and cost.
Use Certified Legal Descriptions
Copy the legal description directly from the last recorded deed or survey; do not paraphrase or abbreviate to avoid indexing errors.
Confirm Notary Requirements
Ensure the notary uses Minnesota-acceptable acknowledgment language and records the notary's commission details; defective acknowledgments can void recordability.
Pay Proper Recording Fees
Check the county recorder's current fee schedule and attach any required transmittal or tax forms to prevent rejection or billing delays.

Timing Considerations for Recording Form 2031

While Form 2031 has no statutory filing deadline, timely recording protects priority and triggers tax or title consequences.

Post-Execution Recording:

Record promptly to protect priority rights and avoid later competing claims.

Tax Reporting:

Coordinate with county transfer tax or documentary stamp rules when applicable.

Mortgage Priority:

Recording date determines lien priority among competing recorded interests.

Corrective Instruments:

Address defects quickly; delays increase remedial complexity.

Record Retention:

Keep recorded originals and certified copies per retention guidance.

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Common Pitfalls When Preparing Form 2031

  • Incomplete legal description or use of a street address instead of the recorded description, causing recorder rejection or misindexing.
  • Name mismatches between grantor, grantee, and public records that necessitate affidavits or corrective deeds before title insurance is issued.
  • Improper or missing notarization, including incorrect acknowledgment language, which can render the instrument unrecordable.
  • Submitting to the wrong county or omitting required recording fee, leading to returned documents and processing delays.

Risks and Consequences of Incorrect or Incomplete Forms

Recording Rejection: Delays in title transfer
Tax Assessment Issues: Assessment or reporting errors
Title Defect: Cloud on title risk
Corrective Costs: Attorney and re-recording fees
Fraud Allegations: Potential civil liability
Notary Defect: Instrument may be void

Frequently Asked Questions About Form 2031

Answers to practical questions about completing, signing, notarizing, and recording Minnesota conveyancing instruments.


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