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, which pertain to the transfer of legal title of property from one person to another, or the granting of an encumbrance such as a mortgage or a lien, have been approved by the Commissioner of Commerce. The form is available here in PDF format.
The Minneapolis Minnesota Limited Warranty Deed — Individuals to Individual— - UCBC Form 10.2.1 is a legal document used for the transfer of real estate ownership from one individual to another. This specific form is commonly used in Minneapolis, Minnesota, and ensures that the seller guarantees clear title to the property being conveyed. The Limited Warranty Deed provides certain protections to the buyer, assuring that the property is free from any undisclosed encumbrances or title defects. The form is typically used when the property is being sold by an individual rather than an entity, such as a corporation or a trust. CBC Form 10.2.1 refers to the standardized format created by the Uniform Conveyancing Blanks Committee (CBC) specifically for limited warranty deeds in Minneapolis, Minnesota. This standardized format ensures consistency and clarity in conveying property rights. There may be different types or variations of this limited warranty deed, some of which include: 1. Minneapolis Minnesota Limited Warranty Deed — Individuals to Individual— - UCBC Form 10.2.1 with Contingencies: This version of the form includes additional provisions or contingencies that protect the buyer's interests in case certain conditions are not met or resolved before the deed is executed. These contingencies could relate to inspections, repairs, or other specific conditions outlined in the purchase agreement. 2. Minneapolis Minnesota Limited Warranty Deed — Individuals to Individual— - UCBC Form 10.2.1 without Contingencies: This version of the form does not include any additional provisions or contingencies beyond the basic requirements of the limited warranty deed. It is used when the buyer and seller have already agreed on all terms and conditions of the property transfer, and no further contingencies are necessary. Regardless of the specific type or variation, the Minneapolis Minnesota Limited Warranty Deed — Individuals to Individual— - UCBC Form 10.2.1 serves as a legally binding document that ensures a smooth and secure transfer of ownership between individuals in Minneapolis, Minnesota. It provides a level of protection and assurance to the buyer that the property being conveyed is free from known defects or encumbrances. It is crucial for both the buyer and the seller to thoroughly review and understand the terms and conditions outlined in the form before entering into any real estate transaction.The Minneapolis Minnesota Limited Warranty Deed — Individuals to Individual— - UCBC Form 10.2.1 is a legal document used for the transfer of real estate ownership from one individual to another. This specific form is commonly used in Minneapolis, Minnesota, and ensures that the seller guarantees clear title to the property being conveyed. The Limited Warranty Deed provides certain protections to the buyer, assuring that the property is free from any undisclosed encumbrances or title defects. The form is typically used when the property is being sold by an individual rather than an entity, such as a corporation or a trust. CBC Form 10.2.1 refers to the standardized format created by the Uniform Conveyancing Blanks Committee (CBC) specifically for limited warranty deeds in Minneapolis, Minnesota. This standardized format ensures consistency and clarity in conveying property rights. There may be different types or variations of this limited warranty deed, some of which include: 1. Minneapolis Minnesota Limited Warranty Deed — Individuals to Individual— - UCBC Form 10.2.1 with Contingencies: This version of the form includes additional provisions or contingencies that protect the buyer's interests in case certain conditions are not met or resolved before the deed is executed. These contingencies could relate to inspections, repairs, or other specific conditions outlined in the purchase agreement. 2. Minneapolis Minnesota Limited Warranty Deed — Individuals to Individual— - UCBC Form 10.2.1 without Contingencies: This version of the form does not include any additional provisions or contingencies beyond the basic requirements of the limited warranty deed. It is used when the buyer and seller have already agreed on all terms and conditions of the property transfer, and no further contingencies are necessary. Regardless of the specific type or variation, the Minneapolis Minnesota Limited Warranty Deed — Individuals to Individual— - UCBC Form 10.2.1 serves as a legally binding document that ensures a smooth and secure transfer of ownership between individuals in Minneapolis, Minnesota. It provides a level of protection and assurance to the buyer that the property being conveyed is free from known defects or encumbrances. It is crucial for both the buyer and the seller to thoroughly review and understand the terms and conditions outlined in the form before entering into any real estate transaction.