Limited Warranty Deed (Minnesota)

A Limited Warranty Deed (Minnesota) is a legal template that outlines the transfer of real estate ownership rights from a grantor to a grantee in the state of Minnesota. This document offers limited assurances to the grantee, assuring that the grantor holds clear title to the property and has the authority to convey it. It guarantees that no undisclosed encumbrances, liens, or claims exist against the property except those mentioned in the deed. The limited warranty also protects the grantee from any claims arising during the grantor's ownership. However, it does not provide guarantees against claims that may have existed before the grantor's ownership period or those that may arise in the future. This legal template is commonly used in real estate transactions to provide a level of security to the buyer, while also setting the boundaries for the grantor's liability.