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04-22-1998 Board of Review Packet
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04-22-1998 Board of Review Packet
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The Cerfificate of Real Estafe Val <br />Buyers of real property must file a <br />Certificate of Real Estate Value with <br />the auilitor of the county »vhere the <br />certificates to determine if assessors <br />throughout Minnesota are valuing <br />property according to the s.in»e stan- <br />Cl Tf I C . .1 <br />%ina cities in the next ye»ir (The value <br />of the real property iri each school <br />district and city affects the amount of <br />financial aid the slate 'vill provide.) <br />^ . utivri 1^ lO II <br />$1^000 and the deed is a: <br />warranty deed, <br />contract for deed, <br />quit claim deed, <br />trustee deed, <br />executor deed or Deed fox colcololion <br />pr. eate deed, ,f you are buying this p.o^H-rty on a TheVo^ral ‘J^Vdtv <br />If the priit is $1,000 or less, you do not contract for deed and are not receiving provided the do2V <br />have to file a Certificate of Real Estate ‘^e deed now, you do not.oweUecrf Sr . Zum!n. ^ u <br />Value. However, 6h thi-back of the •• a»«ius time >YousytU be reejuireddHP^V,' filme bv thecL"n» ^ <br />deed filed with the couply auditor, ‘^‘ed tax when you receive SS <br />write, "The sale r^i^Ce dVo^her consid- *' ‘Hc-propantjf., . . . , f <br />»WfP<^cs^ X.. -■‘•"■>t»«^<^«rflh^KrertyJessanyiissu*,,,U. <br />JTiorteaccs and <br />Use of information <br />According to Minn. Stat. section <br />272.115., the social security numbers or <br />federal identification numbers of the <br />grantors and grantees must appear on <br />this certificate. The social security <br />numbers are private data and will be <br />used to ensure that taxes related to the <br />transaction are being correctly paid <br />The social security nunxbers may be <br />given to state or federal tax officials. If <br />the social security number is not <br />nmviHort »KkA ____,1______1 _ <br />V. „ ^ me property, less any ^ussuhuld* <br />,t^ie NhnngspIdiOcpartmerajbrRyr- mortgages and special assessments and <br />enue uses information from these taxes included in the purchate price <br />The rate of lax is $1,65 for each $500 of <br />purchase price. <br />s .. <br />V .. . '• ....v; <br />•si- w f Nf
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