Minnesota Statutes 287.25 – Payment of Tax

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Terms Used In Minnesota Statutes 287.25

Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
Tax: means any fee, charge, exaction, or assessment imposed by a governmental entity on an individual, person, entity, transaction, good, service, or other thing. See Minnesota Statutes 645.44

Except for documents filed electronically, the tax imposed by section 287.21 must be paid in the manner prescribed by section 287.08 relating to payment of mortgage registration tax, and the treasurer must endorse a receipt for the tax on the face of the document or instrument.