Skip to main content
Find a Lawyer

Minnesota Statutes Postjudgment Remedies; Alternative Dispute Resolution; Bonds (Ch. 570-583) § 580.025. Foreclosure data

Current as of January 01, 2025 | Updated by Findlaw Staff

Subdivision 1. Applicability. This section applies to foreclosure of mortgages under this chapter on property consisting of one to four family dwelling units.

Subd. 2. Data required. The notice of pendency required bysection 580.032, subdivision 3; the notice of sale required bysection 580.04; and the certificate of sale required bysection 580.12shall include the following information to the best of the knowledge of the party foreclosing the mortgage:

(1) the physical street address, city, and zip code of the mortgaged premises;

(2) the name of the transaction agent, residential mortgage servicer, and the lender or broker, as defined insection 58.02, if the person holding the mortgage is a transaction agent as defined insection 58.02, subdivision 30, or the name of the residential mortgage servicer and the lender or broker, as defined insection 58.02, if the person holding the mortgage is not a transaction agent as defined insection 58.02, subdivision 30;

(3) the tax parcel identification number of the mortgaged premises;

(4) if stated on the mortgage, the transaction agent's mortgage identification number; and

(5) if stated on the mortgage, the name of the residential mortgage originator as defined insection 58.02.

No liability shall accrue to the party foreclosing the mortgage or the party's attorney for de minimis, good faith, or commercially reasonable errors in this information. The omission of all or some of the information required by this section from the notice shall not invalidate the foreclosure of the mortgage.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Minnesota Statutes Postjudgment Remedies; Alternative Dispute Resolution; Bonds (Ch. 570-583) § 580.025. Foreclosure data - last updated January 01, 2025 | https://codes.findlaw.com/mn/postjudgment-remedies-alternative-dispute-resolution-bonds-ch-570-583/mn-st-sect-580-025/

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.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard