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Minnesota Statutes 507.402 - Discharge of Mortgage from Contract for Deed Seller

Minnesota Statutes > Property Interests and Liens > Chapter 507 > § 507.402 - Discharge of Mortgage from Contract for Deed Seller


Current as of: 2010

A mortgage that encumbers the seller's interest in a contract for deed ceases to encumber real property described in a deed given pursuant to the contract if the purchaser has not joined in or consented to the mortgage in a recorded instrument and the mortgage is recorded subsequent to the recording of the contract.

History:

2003 c 5 art 2 s 2

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Minnesota Laws: Real Estate

Minnesota Statutes Chapter 83 - Subdivided Lands
Minnesota Statutes Chapter 500 - Estates in Real Property
Minnesota Statutes Chapter 505 - Plats; Coordinates; Surveys
Minnesota Statutes Chapter 507 - Recording and Filing Conveyances
Minnesota Statutes Chapter 508 - Registration, Torrens
Minnesota Statutes Chapter 508A - Registration Without Court Proceedings
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