Built from the statute and cross-checked against what the revenue department currently applies.
Verified September 21, 2026 · statute and revenue department cross-checked
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Who pays
Seller.
What to know about Minnesota
Net consideration means the price minus any loan the buyer takes over. Sales of $3,000 or less pay a minimum of $1.65. A separate mortgage registry tax of 0.23 percent applies to the loan, not the sale price.
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Sources
Statute: Minn. Stat. § 287.21
Minn. Stat. § 287.21 “when the consideration ... exceeds $3,000, the tax is .0033 of the net consideration.”
Minnesota Department of Revenue, Deed Tax Rate “The Deed Tax rate is 0.0033 of the net consideration. Hennepin and Ramsey counties have an additional Environmental Response Fund Tax of 0.0001 (ERF Tax).”
Last verified: September 21, 2026.
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Estimates only. Your closing agent or the county recorder issues the final figure, and exemptions can change what you owe. This page does not collect or store anything you enter.