Lars owns a parcel of Torrens-registered land in Hennepin County. He sells the property to Maria, and the transaction closes. To properly transfer ownership of Torrens land in Minnesota, what document must be filed, and with whom?
Correct Answer
B) A deed must be presented to the Hennepin County Examiner of Titles, who will issue a new Certificate of Title in Maria's name
For Torrens-registered land in Minnesota, a deed is presented to the County Examiner of Titles (also called the Registrar of Titles), not the County Recorder. The Examiner reviews the deed and, if proper, cancels the seller's Certificate of Title and issues a new Certificate of Title in the buyer's name. This is the defining procedural difference between Torrens and abstract land transfers under Minn. Stat. Ch. 508.
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Related Topics & Key Terms
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Related Concepts
Condominium ownership involves owning a unit of airspace within a multi-unit building plus an undivided interest in the common elements shared with other unit owners. Each unit is separately taxed and financed.
In a cooperative (co-op), the building is owned by a corporation, and residents purchase shares of stock in the corporation that entitle them to a proprietary lease on a specific unit. Residents are shareholders, not property owners.
Fee simple absolute is the highest and most complete form of property ownership, giving the owner unrestricted rights to use, possess, enjoy, and dispose of the property. It is of unlimited duration and fully inheritable.
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