1998 Minnesota Statutes

     508.421 Surrender of duplicate; exchange certificate. 

    Subdivision 1.    Surrender; reissuance.  The owner or 
 owners of registered land may surrender the owner's duplicate 
 certificate of title and the registrar of titles may then issue 
 a new certificate of title free from the memorials of all 
 interests which have terminated.  

    Subd. 2.    Multiple parcels or interests.  The owner or 
 owners of registered land holding (1) one certificate of title 
 for two or more parcels of land or (2) one certificate for 
 undivided interests in one or more parcels of land may surrender 
 the owner's duplicate certificate of title for the land and 
 thereupon the registrar may issue separate certificates of title 
 to each owner or for each parcel or any combination thereof as 
 may be desired consistent with their registered interests, 
 provided a registered land survey is not required by section 
 508.47.  When the registrar of titles has issued more than one 
 certificate of title to one or more owners for one or more 
 parcels of land, the owner or owners may surrender the owner's 
 duplicate certificates of title for the land and thereupon the 
 registrar may issue a single certificate of title for all of the 
 land to the owner or owners of the land, or the registrar may 
 issue two or more certificates to the owner or owners of the 
 land or for each parcel or any combination thereof as may be 
 desired consistent with their registered interests, provided a 
 registered land survey is not required by section 508.47. 

    Subd. 3.    Exchange certificate designation.  A 
 certificate of title issued pursuant to this section shall be 
 known as an exchange certificate.  

    HIST: 1983 c 92 s 11; 1984 c 655 art 1 s 70