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HF 367 Senate Long Description

Relating to real property; removing certain restrictions on the establishment of defeasible estates; clarifying certain disclosure requirements under the uniform fraudulent transfer act; modifying certain provisions regulating the cancellation of residential purchase agreements; expanding the definition of purchase agreement and defining suspend; modifying certain cancellation notice content and form requirements; providing for the applicability of and modifying certain mortgage foreclosure advice notice requirements, providing for the establishment of compliance with or the inapplicability of the notice by the recording of an affidavit and for validation of foreclosure sales after noncompliance with the notice requirements; modifying the description of certain land deleted from the Mississippi recreational river land use district in Sherburne county; specifying certain renumbering instructions to the revisor of statutes
(Ch. 119, 2005)