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Deed Tax Manufactured, Prefabricated and Modular Homes

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Land and Home Package

Minnesota Deed Tax is based on the monetary value that is given in return for a conveyance of real property. 

The total subject to Deed Tax includes any improvements to the land or home included in the purchase price.

Example:

Thomas signs a purchase agreement with ABC Homes for $170,000.

Home Cost $ 75,000
Land $ 40,000
Basement/Foundation $ 28,000
Garage $ 17,000
Septic System $ 10,000
Total $170,000
Deed Tax (.0033 x purchase price; .0034 in Hennepin/Ramsey County) $       561

When the deed between ABC Homes and Thomas is recorded, Deed Tax in the amount of $561 is due.

 

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