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MN SF1147

Bill

Status

Passed

5/4/2015

Primary Sponsor

Ronald Latz

Click for details

Origin

Senate

89th Legislature 2015-2016

AI Summary

  • Creates new statute section 580.033 establishing where mortgage foreclosure sale notices can be published: in a qualified newspaper with its office of issue in the county where the mortgaged premises are located, or in an adjoining county if the publisher certifies substantial circulation in the property's county.

  • Requires the affidavit of publication to state the newspaper's office location and certify compliance with publication location requirements.

  • Amends section 582.25 to add new subsection (24) making mortgage foreclosure sales valid even if publication does not comply with section 580.033 requirements.

  • Effective July 1, 2015, and applies to foreclosures where the notice of pendency is recorded on or after that date.

Legislative Description

Mortgage foreclosure advertisement publication requirements

Last Action

Secretary of State Chapter 14 05/01/15

5/4/2015

Committee Referrals

Judiciary2/26/2015

Full Bill Text

No bill text available