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Current as of January 01, 2025 | Updated by Findlaw Staff
When a sale of real property is made upon execution, or pursuant to a judgment or order of a court, unless otherwise specified therein, the officer shall execute and deliver to the purchaser a certificate containing:
(1) a description of the execution, judgment, or order;
(2) a description of the property;
(3) the date of the sale and the name of the purchaser;
(4) the price paid for each parcel separately;
(5) if subject to redemption, the time allowed by law therefor;
(6) the interest rate in effect on the date of the sheriff's sale; and
(7) the amount of the debtor's homestead exemption, if any, as determined undersection 550.175.
Such certificate shall be executed, acknowledged, and recorded in the manner provided by law for a conveyance of real property, shall be prima facie evidence of the facts stated, and, upon expiration of the time for redemption, shall operate as a conveyance to the purchaser of all the right, title, and interest of the person whose property is sold in and to the same, at the date of the lien upon which the same was sold. Any person desiring to perpetuate evidence that any real property sold under this section was not homestead real property may procure an affidavit by the person enforcing the judgment, or that person's attorney, or someone having knowledge of the facts, setting forth that the real property was not homestead real property. The affidavit shall be recorded by the county recorder or registrar of titles, and the affidavit and certified copies of the affidavit shall be prima facie evidence of the facts stated in the affidavit.
Cite this article: FindLaw.com - Minnesota Statutes Civil Procedure (Ch. 540-552) § 550.22. Certificate of sale of real property - last updated January 01, 2025 | https://codes.findlaw.com/mn/civil-procedure-ch-540-552/mn-st-sect-550-22/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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