Laserfiche WebLink
NOTE: It is important to keep all lenders or mortgagees aware that you are dividing or combining real property. <br /> Consult your mortgage company as to whether or not they need to issue an amendment to,or a partial release of, <br /> any mortgage or other encumbrance of the affected real property as a foreclosure of the affected real property <br /> can undo any previously approved division or combination. <br /> • All taxes for the current year and any delinquent taxes must be paid for the entirety of the existing tax <br /> parcel before the property can be divided or sold off(MN statute§272.121). <br /> • As a general policy, Hennepin County does not combine tax parcels that cross streets unless the street is <br /> vacated and assumed to be owned by the adjoining tax parcel owner <br /> • Unique Taxing Areas(UTA)such as City,Water,Sewer,School, and Tax Increment Financing(TIF)districts <br /> must be considered when a request for a division or combination of tax parcels is submitted <br /> • Hennepin will create tax parcels that contain Abstract,Torrens, Platted and unplatted lands <br /> • A tax parcel can contain multiple plats and multiple sections in any township and range as long as each tax <br /> parcel are located in the same UTA(s) <br /> • A tax parcel would normally represent parcels of land that would be expected to be sold to and held by <br /> the same or future owner <br /> • Do not combine properties if there is a possibility an existing parcel may later be divided off and sold <br /> • The City in which the land being divided is situated, may refuse a future divisions or could place other <br /> conditions on granting said division <br /> • For a Torrens parcel division or combination,the Parcel Identification and Platting group(PIP)will review <br /> and issue a verbal or email approval on behalf of the Registrar of Titles(see§508.47) <br /> Division scenarios: <br /> Current year taxes(and any delinquent taxes)must be paid before a portion of a tax parcel can be sold or <br /> transferred,and before a tax parcel division or combination can be initiated(§272.121). <br /> What else is required to initiate a tax parcel division? <br /> a) Transfer document signed by the owner(s)causing a tax parcel split <br /> Required:City approval or notice that City approval is not required <br /> b) Division/combination request form submitted by property owner <br /> Required:City approval or notice that City approval is not required <br /> c) City resolution(or other document given by the city)approving division or notice that City approval is not <br /> required <br /> One of the following required before division or combination will be initiated: <br /> a. Transfer document signed by the owner(s)causing a tax parcel split <br /> b. Division/combination request form submitted by property owner <br /> Combination scenarios: <br /> Current year taxes(and any delinquent taxes)must be paid before a portion of a tax parcel can be sold or <br /> transferred,and before a tax parcel division or combination can be initiated(§272.121). <br /> What else is required to initiate a tax parcel combination? <br /> a) Transfer document signed by the owner(s)causing a tax parcel split-land being transferred is being <br /> deeded to the owner of a neighboring tax parcel <br /> Required:Completed division/combination request form submitted by the neighboring property owner <br /> b) Transfer document containing multiple tax parcels <br /> Required:Completed division/combination request form submitted by the new property owner and City <br /> approval or notice that City approval is not required. <br /> c) Division/combination request form submitted by property owner <br /> Required:City approval or notice that City approval is not required. <br /> d) City resolution(or other document given by the city)approving combination or notice that City approval is <br /> not required <br /> Required:Completed property owner request form. <br />