Certificate of Real Estate Value

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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:
Warranty deed
Contract for deed
Quit Claim deed
Trustee deed
Executor deed
Probate 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.” 

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.

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.