1999 Minnesota Statutes

     508A.35 Forms of CPT. 

    The CPT shall contain the name and residence of the owner, 
 a description of the land and of the estate of the owner, and 
 shall by memorial contain a description of all encumbrances, 
 liens, and interests known to the owner to which the estate of 
 the owner is subject.  It shall state whether the owner is 18 
 years of age or older and if under any legal incapacity, the 
 nature of it.  It shall also state whether or not the owner is 
 married and if married, the name of the spouse.  In case the 
 land is held in trust or subject to any condition or limitation, 
 it shall state the nature and character of it.  It shall be in 
 substantially the following form:  

              CERTIFICATE OF POSSESSORY TITLE (CPT) 

    First Certificate of Possessory Title, pursuant to the 
 Directive of the Examiner of Titles, County of ..........., and 
 State of Minnesota, date .................., ..... 

                 Registration of Possessory Title 

 State of Minnesota       )
                          )ss
 County of ...............)

    This is to certify that ........................, of the 
 .................. of ................ County of ............., 
 and State of ......................, is now the owner of a fee 
 simple estate, ........................................  Subject 
 to the encumbrances, liens, and interests noted by the memorial 
 underwritten or endorsed hereon; and subject to the following 
 rights or encumbrances subsisting, namely: 

    (1) Liens, claims, or rights arising under the laws of the 
 Constitution of the United States, which the statutes of this 
 state cannot require to appear of record; 

    (2) Any real property tax or special assessment; 

    (3) Any lease for a period not exceeding three years, when 
 there is actual occupation of the premises under the lease; 

    (4) All rights in public highways upon the land; 

    (5) The rights, titles, estates, liens, and interests of 
 any person who has acquired an interest set forth in the 
 Examiner's Supplemental Directive issued pursuant to section 
 508A.22, subdivision 2; 

    (6) The rights of any person in possession under deed or 
 contract for deed from the owner of the CPT; 

    (7) Any claims that may be made pursuant to section 508A.17 
 within five years from the date the Examiner's Supplemental 
 Directive is filed on the CPT; and 

    (8) Any outstanding mechanics lien rights which may exist 
 under sections 514.01 to 514.17.  

    In witness whereof, I have hereunto subscribed my name and 
 affixed the seal of my office, this ............ day of 
 ...................., ..... 

 ...................................
                           Registrar of Titles, in and for the
                           County of ..................... and
                           State of Minnesota.  

    All CPTs issued subsequent to the first shall be in like 
 form except that they shall be entitled "Transfer from number 
 (here give the number of the next previous CPT relating to the 
 same land)," and shall also contain the words "Originally 
 registered (date, volume, and page of registration)."  

    CPTs shall be indexed and maintained in the same manner as 
 provided for certificates of title under chapter 508.  

    HIST: 1982 c 396 s 27; 1983 c 92 s 27; 1986 c 444; 1994 c 388 
 art 3 s 8; 1998 c 254 art 1 s 107; 1999 c 11 art 1 s 46