Minnesota State Real Estate Practice Test

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Prepare for the Minnesota Real Estate Exam. Study with flashcards and multiple choice questions. Each question includes hints and explanations. Gain confidence and pass your exam!

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What is necessary for a conveyance of a homestead to be valid if the owner is married?

The signature of the husband only
The signature of the wife only
The signatures of both spouses
No signature is required

The correct answer is: The signatures of both spouses

In Minnesota, when a homestead is owned by a married couple, the law mandates that the conveyance of the homestead—meaning the transfer or sale of the property—must include the signatures of both spouses. This requirement is in place to protect the rights of both parties in a marriage and ensure that one spouse cannot unilaterally make decisions regarding the family's primary residence that could affect the other spouse's interests. This joint-signature requirement reflects the importance of the homestead as not just a piece of property, but as a home that holds significance for both individuals in a marriage. Without the consent and signature of both spouses, the conveyance may be deemed invalid, safeguarding each party's legal rights to the property.