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Certificate of Real Estate Value

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 here to create a new eCRV. Copy down the eCRV number and edit PIN. If you make a mistake, it cannot be corrected unless you have the edit PIN. Be sure to include your eCRV number on your document.