2020 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
507.402 DISCHARGE OF MORTGAGE FROM CONTRACT FOR DEED SELLER.
A mortgage that encumbers the seller's interest in a contract for deed ceases to encumber real property described in a deed given pursuant to the contract if the purchaser has not joined in or consented to the mortgage in a recorded instrument and the mortgage is recorded subsequent to the recording of the contract.
History:
Official Publication of the State of Minnesota
Revisor of Statutes