The MRT is a state tax imposed on the recording of a mortgage document. The mortgage cannot be recorded until the MRT is paid to the County Treasurer.
The MRT rate is 0.0023 of the debt that is secured by the recorded mortgage of real property.
Ninety-seven percent of the MRT is remitted to the State of Minnesota and 3% is retained by Washington County.
State Deed Tax (SDT)
The SDT is a state tax imposed on each deed or instrument by which any real property is granted, assigned, transferred or otherwise conveyed. The tax applies against the net consideration and the deed or instrument cannot be recorded until the deed tax is paid to the County Treasurer.
The SDT rate is 0.0033 of the net consideration. If there is no consideration or when the consideration is $500 or less, the minimum SDT due is $1.65.
Ninety-seven percent of the SDT is remitted to the State of Minnesota and 3% is retained by Washington County.
A conservation fee is imposed on each mortgage and deed or instrument where MRT or SDT is due.
The conservation fee is $5 per document and is paid to the County Treasurer at the same time the MRT and SDT is paid.
Fifty percent of the conservation fee is remitted to the State of Minnesota and 50% is retained by Washington County.
Mortgage Registration and State Deed Tax Calculator
Use our calculator to calculate your MRT and/or SDT amount(s).