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Current as of January 01, 2025 | Updated by Findlaw Staff
The mortgagee, or any one claiming under the mortgagee, may fairly and in good faith bid off the premises at such sale; and in such case the statement of such fact in the report of sale shall have the same effect as a receipt for money paid upon a sale for cash.
Cite this article: FindLaw.com - Minnesota Statutes Postjudgment Remedies; Alternative Dispute Resolution; Bonds (Ch. 570-583) § 581.05. Purchase by mortgagee - last updated January 01, 2025 | https://codes.findlaw.com/mn/postjudgment-remedies-alternative-dispute-resolution-bonds-ch-570-583/mn-st-sect-581-05/
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