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Current as of January 01, 2025 | Updated by Findlaw Staff
Subdivision 1. Procedure. The procedures for registration undersections 508A.01to508A.85provide an alternative to registration under chapter 508, and are intended for uncontested titles. Upon the written recommendation of the county recorder, the county board of county commissioners of any county, by resolution, may authorize the possessory title to real estate in that county to be registered in accordance with the provisions of and in the manner provided insections 508A.01to508A.85. The resolution of the county board may limit the registration of possessory title to real estate to cases in which the applicant owns a tract of land of which a portion has already been registered pursuant to chapter 508.
Subd. 2. Purpose. The purpose ofsections 508A.01to508A.85is to provide a voluntary procedure for registration of certain possessory estates in land with certainty, at reasonable cost and speed, and without the necessity for the initial adjudication required by chapter 508, and to provide for initial registration of land under a certificate of possessory title (“CPT”). Upon the expiration of five years from the date of the first CPT, the registrar of titles shall cancel the CPT and issue a certificate of title as provided insection 508A.85, subdivisions 2and3.
Subd. 3. Definition. For the purposes ofsections 508A.01to508A.85, the term “possessory estate in land” means a fee simple estate held by an owner who (1) has been found on examination by the examiner of titles pursuant tosection 508A.13to be the record owner of the land described; and (2) has satisfied the examiner of titles that the owner is in actual or constructive possession of the land described.
Cite this article: FindLaw.com - Minnesota Statutes Property and Property Interests (Ch. 500-515B) § 508A.01. Registration; purpose; definition - last updated January 01, 2025 | https://codes.findlaw.com/mn/property-and-property-interests-ch-500-515b/mn-st-sect-508a-01/
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