Minnesota § 287.04 EXEMPTIONS

Minnesota Statutes

§ 287.04 — EXEMPTIONS

Minnesota § 287.04

PartPROPERTY TAXES

Ch. 287MORTGAGE REGISTRY TAX; DEED TAX

This text of Minnesota § 287.04 (EXEMPTIONS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 287.04 (2026).

Text

The tax imposed by section287.035does not apply to:

(1)a decree of marriage dissolution or an instrument made pursuant to it;

(2)a mortgage given to correct a misdescription of the mortgaged property;

(3)a mortgage or other instrument that adds additional security for the same debt for which mortgage registry tax has been paid;

(4)a contract for the conveyance of any interest in real property, including a contract for deed;

(5)a mortgage secured by real property subject to the minerals production tax of sections298.24to298.28;

(6)a mortgage loan made under a low and moderate income housing program, or other affordable housing program, if:

(i)the mortgagee is a federal, state, or local government agency; or (ii) the assignee is a federal, state, or local government agency;

(7)mortga

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The tax imposed by section287.035does not apply to:
(1) a decree of marriage dissolution or an instrument made pursuant to it;
(2) a mortgage given to correct a misdescription of the mortgaged property;
(3) a mortgage or other instrument that adds additional security for the same debt for which mortgage registry tax has been paid;
(4) a contract for the conveyance of any interest in real property, including a contract for deed;
(5) a mortgage secured by real property subject to the minerals production tax of sections298.24to298.28;
(6) a mortgage loan made under a low and moderate income housing program, or other affordable housing program, if: (i) the mortgagee is a federal, state, or local government agency; or (ii) the assignee is a federal, state, or local government agency;
(7) mortgages granted by fraternal benefit societies subject to section64B.24;
(8) a mortgage amendment or extension, as defined in section287.01;
(9) an agricultural mortgage if the proceeds of the loan secured by the mortgage are used to acquire or improve real property classified under section273.13, subdivision 23, paragraph (a) or (b); and
(10) a mortgage on an armory building as set forth in section193.147.

Legislative History

(2322)1907 c 328 s 1;1965 c 51 s 53;1967 c 340 s 1;1983 c 233 s 3;1993 c 271 s 4;1999 c 31 s 4;1Sp2001 c 5 art 7 s 25;2005 c 151 art 8 s 1;2009 c 88 art 9 s 1;1Sp2021 c 14 art 13 s 10