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MN HF3397

Bill

Status

Introduced

2/17/2020

Primary Sponsor

Raymond Dehn

Click for details

Origin

House of Representatives

91st Legislature 2019-2020

AI Summary

  • Clarifies that the record owner of tax-forfeited property at the time the redemption period expires must be named as the grantee when the state issues a quitclaim deed upon full payment of the purchase price.

  • Requires the state deed to name the record owner's estate as grantee if the sale is made to a personal representative, heir, or devisee of the record owner and the record owner is deceased at the time of redemption period expiration or certification of payment.

  • Specifies that if the record owner assigns an installment contract for repurchase and the assignment is registered or recorded, the assignee must be named as the grantee in the state deed.

  • Establishes that the county auditor must record the quitclaim deed before forwarding it to the grantee, with recording constituting delivery to the grantee.

  • Applies to all purchases made on or after July 1, 2020, and amends Minnesota Statutes sections 282.301, 325N.01, and 325N.10 while establishing new provisions in chapter 282.

Legislative Description

Real property ownership definitions clarified, and record owner required to be listed as a grantee in tax-forfeited land sales.

Last Action

Motion prevailed

3/16/2020

Committee Referrals

Judiciary Finance and Civil Law3/2/2020
Commerce2/17/2020

Full Bill Text

No bill text available