Subdivision 1. Real property outside county. If any taxable deed or instrument describes any real property located in more than one county in this state, the total tax must be paid to the treasurer of the county where the document is first presented for recording, and the payment must be receipted as provided in section 287.08. If the net consideration exceeds $700,000, the nonstate portion of the tax must be divided and paid over by the county treasurer receiving it, on or before the 20th day of each month after receipt, to the county or counties entitled in the ratio which the estimated market value of the real property covered by the document in each county bears to the estimated market value of all the real property in this state described in the document. In making the division and payment the county treasurer shall send a statement to the other involved counties giving the description of the real property described in the document and the estimated market value of the part located in each county. The treasurer of any county may require the treasurer of any other county to certify to the former the estimated market value of any parcel of real property for this purpose.
Subd. 2. Real property outside state. If any deed or instrument describes any real property located outside of this state, the tax imposed by section 287.21 must be measured upon such proportion of the consideration, exclusive of the value of any lien or encumbrance remaining at the time of sale, as the value of the real property described in this state bears to the value of the whole of the real property described in the deed or instrument.
1961 c 647 s 3; 1973 c 582 s 3; 1Sp1985 c 14 art 11 s 6; 1999 c 31 s 15; 2013 c 143 art 14 s 42
Structure Minnesota Statutes
Chapters 272 - 289 — Property Taxes
Chapter 287 — Mortgage Registry Tax; Deed Tax
Section 287.01 — Definitions; Mortgage Registry Tax.
Section 287.03 — Instruments Valid Security For Debt.
Section 287.035 — Imposition Of Tax.
Section 287.05 — Determination Of Tax In Special Situations.
Section 287.08 — Tax, How Payable; Receipts.
Section 287.10 — Prepayment Of Tax; Evidence; Notice.
Section 287.11 — Mortgages Recorded Or Registered Prior To Passage Of Sections 287.01 To 287.12.
Section 287.12 — Taxes, How Apportioned.
Section 287.13 — Violations; Civil Penalties.
Section 287.21 — Imposition Of Tax; Determination Of Tax.
Section 287.2205 — Tax-forfeited Land.
Section 287.221 — New Residential Construction.
Section 287.222 — Transfer To Obtain Financing.
Section 287.223 — Hennepin And Ramsey Counties.
Section 287.23 — Real Property Outside County Or State.
Section 287.24 — Persons Liable.
Section 287.241 — Statement Of Tax Due Or Exemption; Recording Or Registering Of Documents.
Section 287.25 — Payment Of Tax.
Section 287.28 — Refunds Or Redemption.
Section 287.29 — Payment Of Receipts To State General Fund; Reports.
Section 287.30 — County Treasurer; Duties.
Section 287.31 — Violations; Civil Penalties.
Section 287.325 — Violations; Criminal Penalties.
Section 287.33 — Expenses Of Administration.
Section 287.37 — Commissioner's Powers; Data Classification.