This form is one of the Uniform Conveyancing Blanks developed by Minnesota Uniform Conveyancing Blanks Commission pursuant to Minnesota Code Section 507.09. These forms are to be used as a guide. The form is available here in PDF format.
Minneapolis Minnesota Limited Warranty Deed Except Assessments — Business Entity to BusinesEntityit— - UCBC Form 10.2.10 is a legally binding document that facilitates the transfer of real estate ownership between two business entities in Minneapolis, Minnesota. This comprehensive deed ensures that the buyer receives the property with certain assurances, while excluding any pending assessments on the property. It is crucial for businesses engaging in real estate transactions to understand the intricacies of this deed to protect their interests fully. There are several variations or types of Limited Warranty Deeds Except Assessments available, each with its own use case or scenario. Here are a few examples: 1. Minneapolis Minnesota Limited Warranty Deed Except Assessments — Business Entity to BusinesEntityit— - UCBC Form 10.2.10 (Commercial Property): This specific type of deed is used when the transfer involves a commercial property, such as offices, retail spaces, warehouses, or industrial buildings. It ensures that the buyer's primary interest is in acquiring a property without any pending assessments, which may later become the responsibility of the new owner. 2. Minneapolis Minnesota Limited Warranty Deed Except Assessments — Business Entity to BusinesEntityit— - UCBC Form 10.2.10 (Residential Property): When the transaction involves the transfer of residential properties, such as single-family homes, townhouses, or condominiums, this type of deed comes into play. It guarantees that the buyer will not be held accountable for any outstanding assessments related to the property. 3. Minneapolis Minnesota Limited Warranty Deed Except Assessments — Business Entity to BusinesEntityit— - UCBC Form 10.2.10 (Mixed-Use Property): In instances where the property being transferred is a mixed-use property, i.e., a combination of residential and commercial use, this variation of the deed is used. It covers both residential and commercial aspects, safeguarding the buyer from potential assessments and ensuring a smooth transaction. 4. Minneapolis Minnesota Limited Warranty Deed Except Assessments — Business Entity to BusinesEntityit— - UCBC Form 10.2.10 (Vacant Land): For businesses involved in the acquisition or sale of vacant land, this type of deed is pertinent. It allows for a clear transfer of ownership without any liabilities pertaining to land assessments. 5. Minneapolis Minnesota Limited Warranty Deed Except Assessments — Business Entity to BusinesEntityit— - UCBC Form 10.2.10 (Special Circumstances): Occasionally, unique circumstances may require specific clauses or conditions to be included in the deed. This flexible variation allows for necessary modifications or additional provisions that may not be covered in the standard versions, ensuring compliance with any regulatory requirements or contractual obligations. In conclusion, the Minneapolis Minnesota Limited Warranty Deed Except Assessments — Business Entity to BusinesEntityit— - UCBC Form 10.2.10 is vital for businesses engaged in property transactions, offering legal protection against any assessments on the property being transferred. By understanding the various types of limited warranty deeds available, businesses can select the most appropriate form tailored to their specific property type and transaction requirements.Minneapolis Minnesota Limited Warranty Deed Except Assessments — Business Entity to BusinesEntityit— - UCBC Form 10.2.10 is a legally binding document that facilitates the transfer of real estate ownership between two business entities in Minneapolis, Minnesota. This comprehensive deed ensures that the buyer receives the property with certain assurances, while excluding any pending assessments on the property. It is crucial for businesses engaging in real estate transactions to understand the intricacies of this deed to protect their interests fully. There are several variations or types of Limited Warranty Deeds Except Assessments available, each with its own use case or scenario. Here are a few examples: 1. Minneapolis Minnesota Limited Warranty Deed Except Assessments — Business Entity to BusinesEntityit— - UCBC Form 10.2.10 (Commercial Property): This specific type of deed is used when the transfer involves a commercial property, such as offices, retail spaces, warehouses, or industrial buildings. It ensures that the buyer's primary interest is in acquiring a property without any pending assessments, which may later become the responsibility of the new owner. 2. Minneapolis Minnesota Limited Warranty Deed Except Assessments — Business Entity to BusinesEntityit— - UCBC Form 10.2.10 (Residential Property): When the transaction involves the transfer of residential properties, such as single-family homes, townhouses, or condominiums, this type of deed comes into play. It guarantees that the buyer will not be held accountable for any outstanding assessments related to the property. 3. Minneapolis Minnesota Limited Warranty Deed Except Assessments — Business Entity to BusinesEntityit— - UCBC Form 10.2.10 (Mixed-Use Property): In instances where the property being transferred is a mixed-use property, i.e., a combination of residential and commercial use, this variation of the deed is used. It covers both residential and commercial aspects, safeguarding the buyer from potential assessments and ensuring a smooth transaction. 4. Minneapolis Minnesota Limited Warranty Deed Except Assessments — Business Entity to BusinesEntityit— - UCBC Form 10.2.10 (Vacant Land): For businesses involved in the acquisition or sale of vacant land, this type of deed is pertinent. It allows for a clear transfer of ownership without any liabilities pertaining to land assessments. 5. Minneapolis Minnesota Limited Warranty Deed Except Assessments — Business Entity to BusinesEntityit— - UCBC Form 10.2.10 (Special Circumstances): Occasionally, unique circumstances may require specific clauses or conditions to be included in the deed. This flexible variation allows for necessary modifications or additional provisions that may not be covered in the standard versions, ensuring compliance with any regulatory requirements or contractual obligations. In conclusion, the Minneapolis Minnesota Limited Warranty Deed Except Assessments — Business Entity to BusinesEntityit— - UCBC Form 10.2.10 is vital for businesses engaged in property transactions, offering legal protection against any assessments on the property being transferred. By understanding the various types of limited warranty deeds available, businesses can select the most appropriate form tailored to their specific property type and transaction requirements.
