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Minnesota Statutes Property and Property Interests (Ch. 500-515B) § 507.402. Discharge of mortgage from contract for deed seller

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

A mortgage that encumbers the seller's interest in a contract for deed ceases to encumber real property described in a deed given pursuant to the contract if the purchaser has not joined in or consented to the mortgage in a recorded instrument and the mortgage is recorded subsequent to the recording of the contract.

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Cite this article: FindLaw.com - Minnesota Statutes Property and Property Interests (Ch. 500-515B) § 507.402. Discharge of mortgage from contract for deed seller - last updated January 01, 2025 | https://codes.findlaw.com/mn/property-and-property-interests-ch-500-515b/mn-st-sect-507-402/

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