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MN HF4805
Bill
Status
4/21/2022
Primary Sponsor
Sandra Feist
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AI Summary
HF 4805 Summary
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Modifies agricultural property enforcement procedures by requiring secured parties to serve mediation notices on debtors and the Minnesota Extension Service director before enforcing security interests, contracts for deeds, or mortgages on agricultural property with debts exceeding the threshold in section 583.24, subdivision 5.
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Changes language in Registered Land Act provisions (section 508.52) to clarify that registrars must deliver copies of new certificates of title upon request rather than automatically.
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Requires courts to direct parties to prepare summary real estate disposition judgments for real estate in dissolution decrees (changing "may" to "shall"), and clarifies that recorders and registrars are not responsible for verifying court approval before recording.
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Updates mediation notice requirements and procedures for farm debtors across multiple enforcement contexts (security interests, judgments, contracts for deed, and mortgages) to reference "Minnesota Extension Service" instead of "agricultural" extension service.
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Repeals three obsolete statutes: section 346.02 (estray notice requirements), section 507.07 (warranty and quitclaim deed forms), and section 582.14 (foreclosure action limitations for pre-1909 mortgages).
Legislative Description
Real property; recording and title provisions modified and updated, clarifying and technical changes made, and obsolete provisions repealed.
Last Action
Introduction and first reading, referred to Judiciary Finance and Civil Law
4/21/2022