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eCRV Guidelines

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An electronic Certificate of Real Estate Value (eCRV) must be filed when Minnesota real property is sold or conveyed for consideration for greater than $1,000. Consideration includes the amount of any debt assumed. On January 1, 2020, the consideration amount will increase to $3,000.

On January 1, 2020, the consideration amount to determine the minimum Deed Tax also increases to $3,000. Transfer documents should contain language to indicate when an eCRV is not required. For example: This deed transfers real property in exchange for $3,000 or less of consideration.

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