Fill and Sign the Warranty Deed for Parents to Child with Reservation of Life Estate Minnesota Form

Prepared by U.S. Legal Forms, Inc. Copyright 2016 - U.S. Legal Forms, Inc. STATE OF MINNESOTA WARRANTY DEED [From Parent(s) to Child reserving Life Estate(s) to Parent(s)] Control Number – MN - SDEED - 2 - Warranty Deed - Page 1 - NOTE ABOUT COMPLETING THE FORMS The forms in this packet contain “form fields” created using Microsoft Word. “Form fields” facilitate completion of the forms using your computer. They do not limit you ability to print the form “in blank” and complete with a typewriter or by hand. If you do not see the gray shaded form fields, go the View menu, click on Toolbars, and then select Forms. This will open the forms toolbar. Look for the button on the forms toolbar that resembles a shaded letter “a”. Click in this button and the form fields will be visible. The forms are locked which means that the content of the forms cannot be changed. You can only fill in the information in the fields. 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HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. - Warranty Deed - Page 3 - No delinquent taxes and transfer entered: Certificate of Real Estate Value ( ) filed ( ) not required Certificate of Real Estate Value No. _______________ ____________________________ , 20 ______ County Auditor By _________________________________________ Deputy ) ) ) ) ) ) ) ) ) ) -------- reserved for recording data-------------STATE DEED TAX DUE HEREON: $ ____________ Date: _________________________ WARRANTY DEED (Parent(s) to Child(ren) with Reservation of Life Estate) KNOW ALL MEN BY THESE PRESENTS THAT: FOR VALUABLE CONSIDERATION OF TEN DOLLARS ($10.00), and other good and valuable consideration, cash in hand paid, the receipt and sufficiency of which is hereby acknowledged, ______________________________ , Individual, or ______________________________ and ______________________________ , Husband and Wife, hereinafter referred to as “Grantors”, do hereby grant, convey and warrant unto ______________________________ , ___________________________________ . ______________________________ , and ______________________________ , Individuals, as tenants in common, hereinafter “Grantees”, the following lands and property, together with all improvements located thereon, lying in the County of ______________________ , State of Minnesota, to-wit: Describe Property of State "SEE DESCRIPTION ATTACHED" Prior instrument reference: Book ______ , Page ______ , Document No. ______ , of the County Recorder of ______________________ County, Minnesota. SUBJECT to Life Estate(s) retained by ____________________________________ , Grantor(s), to run consecutively. It being the intention of the Grantor(s) that the ending of one Life Estate shall in no way affect the remaining Life Estate. SUBJECT to all easements, rights-of-way, protective covenants and mineral reservations of record, if any. TO HAVE AND TO HOLD same unto Grantees, and unto Grantees’ heirs and assigns forever, with all appurtenances thereunto belonging. GRANTOR(S) do(es) for Grantor and Grantors’ heirs, personal representatives, executors and assigns forever hereby covenant with GRANTEES that Grantor(s) is/are lawfully - Warranty Deed - Page 1 - seized in fee simple of said premises; that the premises are free from all encumbrances, unless otherwise noted above; that Grantors have a good right to sell and convey the same as aforesaid; and to forever warrant and defend the title to the said lands against all claims whatever. The property herein conveyed is not a part of the homestead of Grantors, or is part of the homestead of Grantors and if Grantors are married, the conveyance is joined by both Husband and Wife. TO HAVE AND TO HOLD to the said Grantees as joint tenants, with right of survivorship, their heirs, personal representatives, executors and assigns forever: it being the intention of the parties to this conveyance, that (unless the joint tenancy hereby created is severed or terminated during the joint lives of the grantees herein) in the event one Grantee herein survives the other, the entire interest in fee simple shall pass to the surviving Grantee, and if one does not survive the other, then the heirs and assigns of the Grantees herein shall take as tenants in common. WITNESS Grantor(s) hand(s) this the ____ day of ________________ , 20 ____ . __________________________________ Grantor {Type Name} __________________________________ Grantor {Type Name} STATE OF MINNESOTA COUNTY OF _______________ This instrument was acknowledged before me _______________________ (date) by ___________________________________ . Notary Public ___________________________________ Printed Name My Commission Expires: _________________________________ - Warranty Deed - Page 2 - This Instrument was Drafted By:                                     Send Tax Statements To:                                     - Warranty Deed - Page 3 -