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Reminder from the Minnesota Land Titles Association

posted Oct 31, 2012, 9:20 AM by web admin   [ updated Oct 31, 2012, 9:21 AM ]
On October 25, MLTA released the following reminder:

   ***IMPORTANT REMINDER***     

    

Currently, Hennepin County and Ramsey County are authorized to collect an extra 10 cents per thousand for State Deed Tax and Mortgage Registration Tax.  That authorization expires January 1, 2013 and has not been extended.  Please make sure that your systems are set to calculate Hennepin and Ramsey MRT at $2.30 per thousand and SDT at $3.30 per thousand after January 1, 2013.


Please note: The EPIC platform will be updated to reflect this notification. ATGF is also monitoring the situation and will inform you should anything change.


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