2000 Minnesota Statutes

     525.641 Order for sale, mortgage, lease.  

    The order shall describe the real estate to be sold, 
 mortgaged, or leased, and may designate the sequence in which 
 the several parcels shall be sold, mortgaged, or leased.  If the 
 order be for a sale, it shall direct whether the real estate 
 shall be sold at private sale or public auction.  An order to 
 mortgage shall fix the maximum amount of the principal and the 
 maximum rate of interest and shall direct the purpose for which 
 the proceeds shall be used.  An order for sale, mortgage, or 
 lease shall remain in force until terminated by the court, but 
 no private sale shall be made after one year from the date of 
 the order unless the real estate shall have been reappraised 
 under order of the court within three months preceding the sale. 

    HIST: (8992-148) 1935 c 72 s 148; 1937 c 435 s 18; 1975 c 347 
 s 121