Title Minnesota Statutes, Minnesota Statutes

582.032 FIVE-WEEK REDEMPTION PERIOD; CERTAIN ABANDONED PROPERTIES. § Subdivision 1.Application. This section applies to mortgages executed after December 31, 1989, under which there has been a default in the payment of money existing for at least 60 days as of the date of the fil…

582.039 MEDIATION NOTICE FOR AGRICULTURAL PROPERTY. § Subdivision 1.Requirement. A person may not begin a proceeding under this chapter or chapter 580 to foreclose a mortgage on agricultural property subject to sections 583.20 to 583.32 that has a secured debt of more than the am…

582.041 FORECLOSURE OF MORTGAGE THAT INCLUDES HOMESTEAD. § Subdivision 1.Notification of homestead designation. If a mortgage on real property is foreclosed and the property contains a portion of a homestead, the person in possession of the real property must be notified by the f…

582.042 FORECLOSURE; AGRICULTURAL LAND IN SEPARATE TRACTS. § Subdivision 1.Notice about tracts. If a mortgage on real property that is agricultural land is foreclosed and the property contains separate tracts, the person in possession of the real property must be notified by the …

582.043 LOSS MITIGATION; MORTGAGE FORECLOSURE DUAL TRACKING. § Subdivision 1.Definitions. (a) For purposes of this section, the terms defined in this subdivision have the meanings given them. (b) "Foreclosure sale date" means either: (1) the date of the foreclosure sale contained…

582.05 RECEIVER OF RENTS WITH POSSESSION. On the commencement of proceedings to foreclose, either by action or advertisement, any mortgage on a leasehold estate of more than three years covering urban property, or at any time after such commencement until the expiration of the pe…

582.06 DEFAULT TO BE SHOWN. The court shall appoint the receiver on a showing that default has been made in any of the conditions of the mortgage, without any further evidence and without regard to the solvency or insolvency of the person liable for the debt secured by the mortga…

582.07 RECEIVER TO FURNISH BOND. Before undertaking duties, the receiver so appointed shall file in court a bond for the faithful performance of such duties. The bond shall run to the owner of the mortgaged leasehold and shall be in such sum as the court shall determine and with …

582.08 POSSESSION, ENTRY AFTER FILING BOND. After filing the bond mentioned in section 582.07, the receiver shall enter into possession of the mortgaged premises and collect all the rents and income therefrom, and shall apply the same to the payment of the expenses of the receive…

582.09 RECEIVER TO FILE ACCOUNT FOR APPROVAL. At the termination of the receivership for any cause, the receiver shall file an account in such court. On the approval and confirmation of the account the receiver shall dispose of the funds on hand in accordance with the order of th…

582.10 CERTAIN RIGHTS AND REMEDIES NOT LIMITED. The provisions of sections 582.05 to 582.09 shall in no manner detract from or limit the rights and remedies of the mortgagor or the mortgagee provided by law. History: (9655) 1915 c 305 s 6

582.11 POWERS AND DUTIES OF TRUSTEES IN CERTAIN CASES. When a mortgage made or assigned to a trustee or trust deed on any real property or any real and personal property located in this state has been heretofore or shall hereafter be foreclosed and bid in on the foreclosure by a …

582.12 COURT'S POWERS OVER TRUSTS NOT LIMITED. Nothing in section 582.11 shall be deemed to limit or abridge the power or jurisdiction of the district court over trusts and trustees, or to limit the authority conferred upon any trustee by any mortgage, trust deed, or other instru…

582.13 STATE MAY BE DEFENDANT IN CERTAIN CASES. In all cases not otherwise provided for, the consent of the state of Minnesota is given to be named a party in any suit which is now pending or which may hereafter be brought in any state court having jurisdiction of the subject mat…

582.15 TERMINATION OF OLD LIS PENDENS NOTICES. Notice of lis pendens recorded prior to January 1, 1936, shall cease and terminate on and after January 1, 1946. History: 1945 c 363 s 2

582.16 PRESUMPTION OF IDENTITY. The presumption of identity arising from identity or substantial identity of names of a grantee and of a succeeding grantor in a chain of title, shall extend to those cases where in one instrument the party is designated by initials which correspon…

582.17 OLD ACTIONS PENDING. Nothing contained in sections 582.15 to 582.18 shall apply to any action or proceeding pending at the time of the passage of Laws 1945, chapter 363, or commenced prior to January 1, 1946. History: 1945 c 363 s 4; 2025 c 20 s 287

582.18 CONSTRUCTION. Sections 582.15 to 582.18 shall be liberally construed for the purpose of ascertaining marketability of title as between vendors and purchasers. History: 1945 c 363 s 5; 2025 c 20 s 288

582.25 MORTGAGES; VALIDATING FORECLOSURE SALES. Every mortgage foreclosure sale by advertisement in this state under power of sale contained in any mortgage duly executed and recorded in the office of the county recorder or registered with the registrar of titles of the proper co…

582.26 MORTGAGE FORECLOSURE SALES BY ACTION LEGALIZED. In all mortgage foreclosure sales by action wherein, prior to the date specified in section 582.27, subdivision 2, the report of sale: (1) has been confirmed by order filed in the action and a certificate of sale was thereaft…

582.27 APPLICATION OF CURATIVE PROVISIONS. § Subdivision 1.Section 582.25. (a) Upon expiration of the periods specified in this section, the provisions of section 582.25 apply to a mortgage foreclosure sale subject to this section: (1) as to all of the provisions of section 582.2…

582.30 DEFICIENCY JUDGMENTS BY MORTGAGE HOLDER. § Subdivision 1.Deficiency allowed. (a) Except as provided in this section, a person holding a mortgage may obtain a deficiency judgment against the mortgagor if the amount a person holding a mortgage receives from a foreclosure sal…

582.31 ONE ACTION ALLOWED TO ENFORCE AGRICULTURAL MORTGAGE. (a) For a mortgage on property used in agricultural production entered into on or before March 22, 1986, the mortgagee may only proceed to: (1) obtain a personal judgment for the debt owed on the note secured by the mort…

582.32 VOLUNTARY FORECLOSURE; PROCEDURE. § Subdivision 1.Application. This section applies to mortgages executed on or after August 1, 1993, under which there is a default and the mortgagor and mortgagee enter into an agreement for voluntary foreclosure of the mortgage under this…