Buyers of real property must file a Certificate
of real Estate Value with the County Auditor in the county where the
property is located if the sale price or other consideration is more
than $1,000 and the deed is a:
For questions about the
Certificate of Real Estate Value form you may contact the Faribault
County Auditors/Treasures office at (507)526-6213. Or you may click on the link
to the Minnesota Department of Revenue's
Certificate of Real Estate.
Contract for deed
Quit Claim deed
If the price is $1,000 or less, you do not have to file a Certificate of
Real Estate Value. However, on the deed write “The sale price or
other consideration given for this property was $1,000 or less.”
Effective 12-1-2011, eCRV is the preferred format of the Certificate of Real Estate value. Go to:
http://www.revenue.state.mn.us/CRV/Pages/eCRV.aspx to create a new eCRV, print it out and send it with your deed to be recorded. Be sure to include your eCRV number on your document.