In the title insurance world, we occasionally work with professionals such as lenders and attorneys from other states who wish to apply their state rules to land in Minnesota. An example of this would be attempting to use a metes and bounds legal description for a property that is platted. Not only is the reversion to an underlying metes and bounds description considered invalid in Minnesota, but it could create a lot of confusion with the neighboring owners. This is not to mention that the purpose of recording a plat is to simplify the legal description, establish boundaries with the neighbors and avoid exactly the type of confusion that reverting to the underlying metes and bounds legal description would create.
Contact Commercial Partners Title
Questions about your upcoming commercial transaction? We’ve got you covered! The team at Commercial Partners Title has been facilitating commercial real estate transactions of all shapes and sizes for decades. We have the skills and expertise needed to make your transaction a success. Contact us today at our Minneapolis offices to learn more about our services and how we can help with your next transaction.