Exempt transfers
1 Transfer of real property by court order.
The change in ownership must result
from the order itself.
2 Transfer of real property through
certicate of sale issued to the purchaser
in a mortgage or lien foreclosure sale.
3 Transfer of real property through a
certicate of redemption issued to the
redeeming mortgagor, their heir, devisee
or representative.
4 Deed to or from the federal government.
5 Deed conveying real property located
within the historic boundaries of a
federally recognized American Indian
tribe if the grantor or grantee is the tribal
government or member of a tribe.
6 Deed between the parties to a marriage
dissolution pursuant to the terms of the
dissolution decree.
7 Deed conveying a cemetery lot or lots.
8 Deed by a personal representative
distributing the decedent’s property
according to the terms of the will or
probate court order.
9 Transfer on death deed dened under
M.S. 507.071.
10 Deed between co-owners partitioning
their undivided interest in the same piece
of property.
11 Deed to a builder for the purpose
of obtaining nancing to build an
improvement for the grantor. Upon
completion the real property is
reconveyed to the land owner.
Signature of Grantor/Grantee or Authorized Agent Title Date
Print Name E-mail Address (oponal) Dayme Phone
Address City State ZIP Code
Name of Grantor Enter Reason Code (see below)
Name of Grantee
Deed Tax Amount
Property ID Number
Minimum Tax = $1.65
($1.70 for Hennepin and Ramsey counes)
Deed Tax
Grantor, grantee or representave, sign below
I declare that the informaon on this cercate is correct and complete to the best of my knowledge and belief.
I understand that there are penales for underpayment of tax (M.S. 287.31 and M.S. 287.325).
(Rev 12/19)
DT1
If you have quesons, call 651-556-4721.
Deed Tax
Form DT1 may be used to document your claim for an exempt or minimum tax transfer. Note: In the absence of a qualifying reason, deed
tax must be based on at least the fair market value of the property being conveyed (M.S. 287.20, subd. 2). The “full” deed tax rate is .0033
(.0034 in Hennepin/Ramsey Counes).
12 Transfer pursuant to a permanent school
fund land exchange under M.S. 92.121
and related laws.
13 Deed or other instrument that grants,
creates, modies or terminates an
easement.
14 Deed transferring real property
pursuant to a Ch. 11 or Ch. 12 plan of
reorganization.
15 Deed resulting from a business conver-
sion as listed in M.S. 287.21.
Minimum tax transfers
Designated transfers (codes 16 through 20).
16 Deed between a sole owner and entity
owned directly or indirectly by that sole
owner, or between two entities owned
directly or indirectly by the sole owner.
17
Deed between a husband and wife and
an entity owned directly or indirectly
by the couple, or between two enti-
ties owned directly or indirectly by the
couple.
18 Deed between co-owners and an entity
owned directly or indirectly by the co-
owners, or between two entities owned
directly or indirectly by the co-owners.
19 Deed between a grantor and a revocable
trust created by that grantor.
20 Deed transferring substantially all
assets of a corporation pursuant to a re-
organization under IRC section 368(a).
21 Deed transferring substantially all
assets of a partnership pursuant to a
continuation under IRC section 708.
Ownership change provision: Any owner-
ship change in the grantee/transferee entity
within six months after a designated trans-
fer triggers a retroactive deed tax.
22 Deed of real property resulting from the
consolidation or merger of two or more
corporations, limited liability compa-
nies, or partnerships, or any combina-
tion of such entities.
23 Deed gifting real property.
24 Deed given in lieu of foreclosure. Deed
includes non-merger language and the
FMV of the property minus the mort-
gage lien is $3,000 or less.
25 Deed correcting error for less than
$3,000 of consideration (corrective
deed).
26 Deed from an intermediary as part of
an IRC section 1031 exchange. The in-
termediary’s total document fee for the
transfer is $3,000 or less. A “full” deed
tax was paid on the FMV of the real
property when the transfer was made to
the intermediary.
27 Deed written between a principal and
agent, and the agent’s total compensa-
tion for the entire transaction, monetary
or otherwise, is less than $3,000.
28 If above codes do not apply, use Code
28 and explain below or attach a sepa-
rate sheet.
Reason codes
Sign Here
